Nautilus Marine Extends Acquisition Tender Period

Press Release
Thursday, January 31, 2013

Greece's Nautilus Marine Acquisition Corp. (Nautilus) extends tender period referring to the acquisition of Assetplus Ltd.

The tender offer, as amended, has been extended until 5:00 p.m., New York City time, on February 13, 2013, unless further extended or earlier terminated. The tender offer was previously scheduled to expire at 5:00 p.m. New York City time, on January 31, 2013.

The completion of the tender offer is a condition to Nautilus' previously announced acquisition of Assetplus Limited. The extension is being made to comply with the rules and procedure requirements of the Securities Exchange Commission. Except for such extension, all of the terms and conditions set forth in the tender offer materials filed with the U.S. Securities and Exchange Commission on December 7, 2012, as amended, remain unchanged.

Shareholders who support the Company's business transaction with Assetplus should not tender their common shares in the tender offer, and if they have previously done so, should withdraw such tendered shares prior to 5:00 p.m., New York City time, on February 13, 2013. Tenders of Nautilus' common shares must be made prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration of the tender offer in accordance with the procedures described in the previously provided tender offer materials.

 

Email AddThis Feed Button
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Crowley's 'Alert' Tugboat Commended for Alaska Rescue Tow

Representative Eric Feige from the Alaska State Legislature presents a letter of commendation to the 'Alert's crew for their rescue tow of drill barge 'Kulluk'.

Pollution Liability Underwriters WQIS, Make Appointments, Share Business Insights

WQIS has learned that even market leaders and pioneers need to stay dynamic and never get complacent. Shaking things up can break barriers for even the strongest organizations.

POLB Commissioners Elect Thomas Fields President

The Long Beach advertising executive & former city planning commissioner, will lead the commission for a 1-year term from 1, July 2013. Thomas Fields will succeed Commissioner Susan E.

Finance

STX Shipbuilding Shares on a Roll

South Korean shares rebounded Tuesday from the prior session's fall as local institutions rushed to hunt for bargains on views that the recent decline was excessive.

Reducing Costs of Shipbuilding: NSRP Issue Research Notice

The National Shipbuilding Research Program (NSRP) plans to issue a research announcement in August, 2013 & in the meantime issues this pre-solicitation notice in

Boatbuilding Booms as More Americans Take to the Water:

New data from The National Marine Manufacturers Association (NMMA) show 88 million Americans expected to take to U.S. waterways this summer. NMMA add that recreational boating in the U.

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright