International Shipholding Terminates Previously Announced Common Stock Offering
International Shipholding Corporation (NYSE: ISH) today announced that,
in light of current market conditions, it has decided not to proceed
with its previously-announced common stock offering at this time.
The acquisition of U.S. United Ocean Services, LLC (“UOS”) continues on
course for closing later this month through alternative financing
This press release is for informational purposes only and constitutes
neither an offer to buy nor a solicitation of an offer to sell any
securities. This press release shall not constitute an offer,
solicitation or sale in any jurisdiction.
About International Shipholding Corporation