摘要: |
WorkBoat stocks closed 2020 on an up note, gaining 70 points in December, or just over 3%. Winners topped losers 19-8. For the year, the WorkBoat Composite Index gained 156 points, or about 7%. In 2019, the Index gained 21%. Seacor Holdings Inc. jumped 25% in December. On Dec. 7, the company announced that it had entered into an agreement with American Industrial Partners to take the company private. The transaction is valued at approximately $1 billion, including debt. Under the terms of the deal, AIP will acquire all outstanding shares of Seacor for $41.50 per share in cash. The share price represents a premium of approximately 14% to the company's closing stock price on Dec. 4, 2020, the last trading day prior to the Dec. 7 announcement, and a premium of approximately 31 % over the 90-day weighted average price. The transaction is expected to close by the end of the first quarter of 2021. |