Navios Maritime Partners L.P. - Unit

NYSE:NMM   2:45:44 PM EDT
30.18
-0.49 (-1.60%)
Mergers / Acquisitions

Navios Maritime Partners L.P. Announces A Merger With Navios Maritime Acquisition Corp

Published: 08/26/2021 20:22 GMT
(NMM) - Navios Maritime Partners Lp Announces a Merger With Navios Maritime Acquisition Corporation.
Navios Maritime Partners - Navios Acquisition Will Receive 0.1275 of Common Unit of Navios Partners for Each Outstanding Common Share of Navios Acquisition.
Navios Maritime Partners Lp - Navios Acquisition Will Merge With a Subsidiary of Navios Partners and Become a Wholly Owned Subsidiary of Navios Partners.
Navios Maritime Partners Lp - Merger Consideration Reflects a per Share Value of $3.40.
Navios Maritime Partners Lp - Combined Company Will Be Led by Existing Board of Navios Partners.