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Nordic American Tankers increases stake in Nordic American Offshore

Nov. 12, 2015 11:44 AM ETNordic American Tankers Limited (NAT) StockBy: Clark Schultz, SA News Editor
  • Nordic American Tankers (NYSE:NAT +0.2%) purchased 1.521M shares of Nordic American Offshore (NAO +3.1%) at $6.25 per share. The private offering closed yesterday.
  • The company now holds a 26.5% stake in Nordic American Offshore.

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