MC Shipping Receives Offers for Shares at $3.00
May 11 2004 - 12:30PM
PR Newswire (US)
MC Shipping Receives Offers for Shares at $3.00 NEW YORK, May 11
/PRNewswire-FirstCall/ -- MC Shipping Inc. said it has received an
offer to acquire 100% of its issued and outstanding common stock at
a price of US$3.00 per share from Burke Investments LLC, a firm
based in Stamford, CT. The offer will remain open until 5:00pm
EDST, May 20, 2004. An extraordinary meeting of the Board of
Directors has been called to examine the proposal and make a
recommendation to its shareholders. DATASOURCE: MC Shipping Inc.
CONTACT: Guy Morel, +011-377-9205-1011, or Peter Shaerf,
+1-646-623-5333, , both for MC Shipping Inc.
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