Prime Resource and Broadband Maritime Sign Agreement and Plan of Merger

Tuesday, March 20, 2007
Prime Resource, Inc. and Broadband Maritime Inc., a privately held Delaware corporation offering turn key, always-on Internet access to commercial shipping fleets, today announced the signing of a second amendment to the merger agreement previously entered into by the companies on January 15, 2007 and amended on February 13, 2007. On March 16, 2007, Prime Resource, Inc. entered into a Second Amendment to the Agreement and Plan of Merger with Prime Acquisition, Inc., a wholly owned subsidiary of Prime and Broadband Maritime Inc. The Amendment amends the Agreement and Plan of Merger, dated as of January 15, 2007 among Prime, Merger Sub and Broadband Maritime, as amended by the First Amendment to the Agreement and Plan of Merger, dated February 13, 2007, as further set forth in the Second Amendment to change the Closing Date to as soon as practicable on or before March 31, 2007.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Nakilat Damen Shipyards Qatar JV is 5

On 23 November 2015, Nakilat Damen Shipyards Qatar celebrated its first 5 years of operation. With 40 vessels delivered or under construction, the yard has proven

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities.

Wärtsilä's' Digital Services for Performance Enhancement

Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0667 sec (15 req/sec)