Sphinx Investment Corp Is Offering To Purchase All Outstanding Common Shares Of Performance Shipping Inc For $3.00 Per Share In Cash, Without Interest, Subject To Certain Conditions.
Portfolio Pulse from Benzinga Newsdesk
Sphinx Investment Corp has offered to purchase all outstanding common shares of Performance Shipping Inc for $3.00 per share in cash, subject to certain conditions, according to an SEC filing.
October 11, 2023 | 6:21 pm
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Performance Shipping Inc's shares are being offered for purchase by Sphinx Investment Corp at $3.00 per share.
The offer to purchase all outstanding shares of Performance Shipping Inc by Sphinx Investment Corp could potentially increase the stock price of PSHG in the short term as the offer price is likely to be higher than the current trading price.
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