Owners of TOTE Maritime lodge bid to take over OSG
American shipping could see dramatic consolidation with news the owners of TOTE Maritime have lodged a bid to take over tanker giant Overseas Shipholding Group (OSG). OSG revealed on Friday that Saltchuk Holdings, the owner of TOTE and Foss Maritime, had lodged a $3 per share bid to take over the tanker operator. OSGs board
Owners of TOTE Maritime lodge bid to take over OSG
American shipping could see dramatic consolidation with news the owners of TOTE Maritime have lodged a bid to take over tanker giant Overseas Shipholding Group (OSG). OSG revealed on Friday that Saltchuk Holdings, the owner of TOTE and Foss Maritime, had lodged a $3 per share bid to take over the tanker operator. OSGs board