Welcome to our dedicated page for CKH news (Ticker: CKH), a resource for investors and traders seeking the latest updates and insights on CKH stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CKH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CKH's position in the market.
American Industrial Partners announced that 67.64% of SEACOR Holdings Inc. (CKH) shares have been tendered at $41.50 per share. The minimum tender requirement is 66 2/3%, and 1,626,000 shares were tendered through guaranteed delivery. To facilitate this, the tender offer has been extended until April 9, 2021. As of April 7, 2021, a total of 13,902,313 shares were validly tendered, with 12,276,599 delivered physically. Closing and payment will occur within three days after the minimum tender condition is met.
American Industrial Partners, through its affiliate Safari Merger Subsidiary, has announced that 65.66% of SEACOR Holdings Inc. (NYSE: CKH) shares have been tendered for its offer at $41.50 per share. The minimum tender condition is set at 66 2/3%, leading to an extension of the tender offer until April 7, 2021. As of April 6, 2021, 13,495,677 shares were validly tendered, with 12,766,684 through physical or book-entry delivery. SEACOR has consented to the extension, ensuring the merger agreement remains intact during this period.
American Industrial Partners, through Safari Merger Subsidiary, announced that 67.44% of SEACOR Holdings Inc. (NYSE: CKH) shares have been tendered at $41.50 per share as part of a merger. The minimum requirement for the transaction is 66 2/3%, achieved by the deadline. Approximately 428,000 shares were tendered through guaranteed delivery, necessitating an extension of the offer until April 6, 2021, to allow for physical share delivery. The Purchaser is prepared to close the transaction promptly once the shares are delivered.
The tender offer by American Industrial Partners and its affiliate Safari Merger Subsidiary for SEACOR Holdings Inc. (NYSE: CKH) has been extended until 5:00 p.m. ET on April 5, 2021. A minimum of 66 2/3% of outstanding shares must be tendered for the transaction to close. As of March 31, 2021, about 12,358,379 shares, or 60.1% of outstanding shares, have been tendered. Shareholders who have already tendered their shares do not need to take further action. The tender offer began on December 18, 2020, and details are available in the Tender Offer Statement filed with the SEC.
American Industrial Partners' affiliate, Safari Merger Subsidiary, has reported a 59.05% tender rate for SEACOR Holdings Inc. (NYSE: CKH) shares, marking an increase from 54.5% the previous week. The tender offer's expiration is extended to March 31, 2021, with a minimum of 66 2/3% required to close the transaction. The end date for the merger agreement is April 5, 2021. Jason Perri noted strong support from SEACOR's board and stockholders, encouraging non-tendering shareholders to consider the offer’s premium.
The board of SEACOR Holdings (CKH) has reaffirmed its recommendation for stockholders to accept the $41.50 per share cash tender offer from American Industrial Partners. As of March 19, 2021, approximately 54.5% of the outstanding shares had been tendered, indicating strong shareholder support. The offer is set to expire on March 26, 2021, and requires at least 66 2/3% shares tendered to proceed. The board believes this transaction maximizes value for shareholders compared to remaining an independent company.
American Industrial Partners announced that its tender offer for shares of SEACOR Holdings (CKH) has achieved a significant 54.5% of outstanding shares tendered, up from 38% the previous week. The offer has been extended until March 26, 2021, to meet the required minimum of 66 2/3%. Jason Perri from American Industrial Partners indicated strong shareholder support. Approximately 11,389,689 shares have been validly tendered, including those under guaranteed delivery procedures, which do not count towards the minimum condition.
American Industrial Partners has extended its cash tender offer for SEACOR Holdings Inc. (NYSE: CKH) shares until 5:00 p.m. ET on March 19, 2021. The offer price is set at $41.50 per share. This extension aims to meet the minimum tender condition of at least 66 2/3% of outstanding shares. As of March 12, 2021, approximately 7,955,148 shares, or 38.05%, had been tendered. The transaction is expected to close soon after the new expiration date if the minimum condition is met.
American Industrial Partners (AIP) is committed to acquiring all outstanding common stock of SEACOR Holdings (NYSE: CKH) at $41.50 per share. AIP emphasizes this is its best and final offer, warning shareholders of significant downside risks if the deal fails. The tender offer, expiring on March 12, 2021, follows a multi-stage auction process initiated by SEACOR's board. AIP's bid is a 31% premium over SEACOR's prior average stock price. SEACOR's insiders will fully exit their equity, indicating strong commitment to the acquisition.
American Industrial Partners has extended the expiration of its cash tender offer for SEACOR Holdings Inc. (CKH) until March 12, 2021, at a price of $41.50 per share. The extension aims to meet the minimum requirement of 66 2/3% of outstanding shares tendered. As of the previous deadline, only about 923,839 shares, or 4.42%, had been validly tendered. Shareholders who have already submitted their shares need not take further action due to this extension.
