Keeping Up With The Jones Act- OSG To Complete International Seaways Spinoff On November 30
Overseas Shipholding Group(OSG) is in the process of spinning off its International Flag business, International Seaways. On November 30, OSG shareholders will receive 0.3333 shares of International Seaways common stock for each share of OSG held on November 18. In addition, holders of OSG warrants will receive approximately .06332 shares per warrant held. International Seaways, which is already trading… Read More »