Ship Finance International Limited (NYSE: SFL) today announced that it has agreed to sell the 1995 built Suezmax tanker Front Splendour to an unrelated third party. The Company has simultaneously agreed to terminate the corresponding charter party for the 20-year old crude oil carrier with a subsidiary of Frontline Ltd.
Markel Corporation (NYSE: MKL) and CATCo Investment Management Ltd. jointly announced today that they have entered into an agreement whereby Markel will acquire substantially all of the assets of CATCo. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2015.
Joe's Jeans Inc. (NASDAQ: JOEZ)
and RG Parent LLC today announced two transformative transactions.
First, the Company has agreed to sell the Joe's® brand and operating
assets for an aggregate purchase price of $80 million to two separate
buyers, Sequential Brands Group Inc.