horizon lines inc-cl a (HRZL:OTC US)
Transactions by HORIZON LINES INC-CL A (HRZL) in the last 6 months
Matson Navigation Company, Inc. entered into definitive agreement to acquire Horizon Lines, Inc. (OTCPK:HRZL) for a total transaction value of approximately $460 million in cash on November 11, 2014. Under the terms of the Transaction, Matson will acquire Horizon for $0.72 per fully diluted common share plus the repayment of debt outstanding at closing after reducing for the anticipated proceeds from the Hawaii business sale. The deal will include the Alaska operations ...
The Pasha Group entered into definitive agreements to acquire Hawaii trade lane business from Horizon Lines, Inc. (OTCPK:HRZL) for approximately $140 million on November 11, 2014. Under the terms of the agreement, Pasha will acquire certain subsidiaries of Horizon constituting substantially all of Horizon’s Hawaii trade-lane business, including four Jones Act container ships. Horizon’s Hawaii business will operate alongside Pasha’s existing operations. Pasha Group will ...
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