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Slide #5. Saltchuk Resources, Inc. — AGL Resources Inc. Tropical Shipping business
Saltchuk Resources, Inc.
AGL Resources Inc. Tropical Shipping business (GAS)
AGL Resources Inc. (NYSE:GAS) today announced it has signed a definitive agreement to sell its Tropical Shipping business to a subsidiary of Saltchuk Resources, Inc. of Seattle, WA. After-tax cash proceeds and repatriated cash from the transaction are expected to be approximately $220 million, subject to certain defined post-closing adjustments.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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