Toro to spin off its Handysize tanker business
Toro Corp. Announces Proposed Spin-Off of its Handysize Tanker Business
Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that its Board of Directors (the "Board"), has decided, on the recommendation of a special committee of the Board,
Toro Plans to Spin-Off Handysize Tanker Business
The spinoff will see Toro shareholders receive one share of a newly formed subsidiary, Robin Energy Ltd., for every eight shares of Toro common stock, the company said Friday. The subsidiary will act as the holding company for the lone Handysize vessel.
The majority shareholder of bulker and boxship company Castor Maritime is forming Robin Energy by spinning out an MR1 product ...
Toro Corp. plans a spin-off of its Handysize tanker business, distributing shares in the new subsidiary, Robin Energy Ltd., to shareholders. Toro Corp. announced a plan to spin off its Handysize ...
Syros Pharmaceuticals, which in November said it would cut most of its workforce, is winding down operations and voluntarily delisting its stock from Nasdaq. Shares plunge 40% to 9 cents in ...
Toro Corp. (TORO) announces that its Board of Directors has decided, on the recommendation of a special committee of the Board, consisting of ...
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