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News Breaks
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October 21, 2009
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| 18:12 EDT |  | GLF |
| theflyonthewall.com: | GulfMark Offshore announces reorganization | | GulfMark Offshore announced that a registration statement on Form S-4 has been filed with the U.S. Securities and Exchange Commission for the company's proposed reorganization, which is intended to help preserve the company's status as a U.S. citizen under certain U.S. maritime and vessel documentation laws (popularly referred to as the Jones Act) by, among other things, limiting the percentage of outstanding shares of company common stock that may be owned (of record or beneficially) or controlled in the aggregate by non-U.S. citizens (as defined by the Jones Act) to a maximum permitted percentage of 22%. :theflyonthewall.com |
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