Two offshore maritime providers to become $1.25 billion company
Tidewater Inc. (NYSE: TDW) and GulfMark Offshore, Inc. (NYSE: GLF) offshore support vessel companies will combine as recovery gains traction, creating a combined company market value of approximately $1.25 billion, Tidewater said in a press release today. The combined company will provide customers with access to modern, high-specification vessels.

Image: GulfMark Offshore

Under the terms of the all-stock agreement, GulfMark stockholders will receive 1.100 shares of Tidewate...

Legal Notice