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News Breaks | | | | April 16, 2012 | | 16:45 EDT |  | TNK, TK | Teekay Tankers to acquire fleet of 13 double-hull tankers from Teekay for $455M
Teekay Tankers (TNK) announced that it has reached an agreement to acquire from Teekay Corporation (TK), a fleet of 13 double-hull conventional oil and product tankers and related time-charter contracts, debt facilities and other assets and rights, for an aggregate purchase price of approximately $455M. As part of the transaction, Teekay Tankers and Teekay will enter into a non-competition agreement, which will provide Teekay Tankers with a right of first refusal to participate in any new conventional crude oil tanker and product tanker developed by Teekay for a period of three years from the closing date of this transaction. | |
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News For TNK;TK From The Last 14 Days Check below for free stories on TNK;TK the last two weeks. |
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| May 9, 2013 | | 09:50 EDT |  | TK | Teekay reports Q1 EPS (17c), consensus (18c)
Reports Q1 revenue $424.7M, consensus $427.7M. | |
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