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Eagle Bulk Shipping Shareholders Greenlight Major Merger
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Eagle Bulk Shipping Shareholders Greenlight Major Merger

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Eagle Bulk Shipping (EGLE) just unveiled an announcement.

Eagle Bulk Shipping Inc. recently held a virtual special meeting where shareholders approved key proposals, including a merger with Star Bulk Carriers Corp., the issuance of additional common stock for convertible senior notes, and advisory approval of executive compensation in relation to the merger. The votes demonstrated strong shareholder support, with each proposal passing by a significant margin, ensuring the company’s pivotal corporate actions received the green light.

Find detailed analytics on EGLE stock on TipRanks’ Stock Analysis page.

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