General Maritime, Arlington Tankers Merge
General Maritime Corporation and Arlington Tankers Ltd. jointly entered into a definitive agreement whereby the two companies will combine in a stock- for-stock combination. Under the terms of the definitive agreement, approved unanimously by the Boards of Directors of both General Maritime and Arlington Tankers, shareholders of General Maritime will receive 1.340 shares of the combined company for each share of General Maritime held, and shareholders of Arlington Tankers will receive one share of the combined company for each share of Arlington Tankers held. The combination will create a leading publicly traded tanker company. The combined company, to be named General Maritime Corporation, will be headquartered in .
General Maritime Corporation Appoints Pribor as CFO
General Maritime Corporation announced that it has appointed Jeffrey D. Chief Financial Officer. Mr. 1, 2004. Mr. Vice President, Chief Administrative Officer, Treasurer and Secretary. Peter C. stated, "We are delighted to welcome Jeff to General Maritime. as a premier tanker company. Mr. markets, shipping and legal experience. Mr. the bank's shipping, offshore, logistics and energy clients. Mr. ABN AMRO Inc. America. Prior to that, Mr. Transportation and Logistics Investment Banking for ING Barings. of Milbank, Tweed, Hadley and McCloy. Mr. and Political Science from Yale University. from Columbia University. Mr. reputation for delivering strong results to both shareholders and customers. disciplined manner.
