Horizon Lines (HRZL) 0.7190 $HRZL
Matson Completes Alaska Acquisition For $469 Million
PR Newswire - Fri May 29, 1:04PM CDT
Matson, Inc. (NYSE: MATX) today announced that it has completed its previously announced acquisition of Horizon Lines, Inc. (OTCQB: HRZL) which includes Horizon's Alaska operations and the assumption of all non-Hawaii business liabilities (the "Transaction"
. Separately and immediately preceding the completion of the Transaction, Horizon completed the sale of its Hawaii trade lane assets and liabilities to The Pasha Group for $141.5 million.
MATX: 42.75 (+0.91)
Horizon Lines Reports First-Quarter 2015 Financial Results
PR Newswire - Fri May 01, 3:01PM CDT
Horizon Lines, Inc. (OTCQB: HRZL) today reported financial results for the fiscal first quarter ended March 22, 2015.
Acquisition of Horizon Lines' Hawaii Business Cleared by DOJ
PR Newswire - Thu Apr 23, 2:15PM CDT
Horizon Lines, Inc. (OTCQB: HRZL) today reported that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The Pasha Group has been granted early termination of the premerger waiting period. This grant was effective April 21, 2015. Subject to the satisfaction of any remaining conditions to closing, Horizon expects the closing of the transaction to occur before the end of the company's second quarter.
Fixed Income Opportunities In Shipping
MTN Investor - Seeking Alpha - Mon Apr 06, 6:20AM CDT
The dry bulk and container ship industry have had severe challenges over the past few years. Since 2009, global trade demand has grown at a strong pace, but the supply of vessels has outpaced trade demand and caused sustained low charter rates. The...
PRGN: 0.64 (+0.03), NM: 3.69 (+0.24), GSL: 5.84 (+0.17), TEU: 0.97 (+0.02)
Horizon Lines Reports Fourth-Quarter 2014 Financial Results
PR Newswire - Fri Mar 13, 8:00AM CDT
Horizon Lines, Inc. (OTCQB: HRZL) today reported financial results for the fiscal fourth quarter ended December 21, 2014.
Horizon Lines Sells Puerto Rico Terminal Assets And Assigns Lease To Luis Ayala Colon
PR Newswire - Wed Mar 11, 4:15PM CDT
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon Lines" today announced that it entered into and executed an Asset Purchase Agreement ("Agreement" with Luis Ayala Colon Sucrs. selling certain San Juan, Puerto Rico container terminal assets and assigning its lease with the Puerto Rico Ports Authority effective today, March 11, 2015.
Horizon Lines Announces Settlement of Merger Litigation and Amendment to Merger Agreement
PR Newswire - Fri Feb 13, 6:30PM CST
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon" or the "Company" today announced it has reached an agreement in principle providing for the settlement and dismissal, with prejudice, of the consolidated putative class action complaint pending in the Delaware Court of Chancery (the "Court" in connection with Horizon's proposed merger with Matson Navigation, Inc. ("Matson", a subsidiary of Matson, Inc. (NYSE: MATX) (the "Merger".
MATX: 42.75 (+0.91)
Horizon Lines Secures Emissions Control Permit
PR Newswire - Fri Jan 09, 3:01PM CST
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon" today announced it has received a permit providing a conditional waiver from the North American Emissions Control Area (ECA) fuel sulfur content requirements of MARPOL Annex VI regulation 14.4. The permit is in force while Horizon pursues installation of Exhaust Gas Cleaning System (EGCS) on each of its three (3) D7-class vessels which operate in the Alaska trade. The permit was issued by the United States Coast Guard (USCG) and the U.S. Environmental Protection Agency (EPA) and became effective in 2015. The permit will allow these Horizon vessels to use low-sulfur heavy fuel oil in their main engines while operating between Washington state and Alaska, subject to compliance with other terms and restrictions of the permit. Horizon is committed to operating its vessels and terminals in accordance with all environmental regulations, and continuing to serve its customers in the most efficient and reliable means possible.
Matson: This Wonderful Business Is About To Get Even Better In 2015
ValueArtifex - at Seeking Alpha - Thu Jan 01, 7:30AM CST
ALEX: 38.82 (+0.64), MATX: 42.75 (+0.91)
The Pending Takeout Of Horizon Lines' Equity Offers Potential For 'Home Run' Arbitrage
ValueArtifex - Seeking Alpha - Wed Dec 10, 6:30AM CST
In Dark Corners Of The Market Those who have been following my articles will have noticed by now that I am often attracted to special situations investing because of the opportunity for investors to generate high internal rates of return with...
MATX: 42.75 (+0.91)
HRZL SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches Investigation of the Board of Directors of Horizon Lines, Inc. in Connection With the Fairness of the Sale of the Company to Matson, Inc. - HRZL
Business Wire - Wed Nov 19, 1:18PM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Horizon Lines, Inc. (OTC: HRZL) ("Horizon Lines" in connection with the sale of the Company to Matson, Inc. (NYSE: MATX).
MATX: 42.75 (+0.91)
HRZL SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into the Board of Directors of Horizon Lines, Inc. in Connection With the Fairness of the Sale of the Company to Matson, Inc. -- HRZL
Business Wire - Mon Nov 17, 11:28AM CST
Levi & Korsinsky is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon Lines" or "the Company" (OTC: HRZL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Matson, Inc. (NYSE: MATX).
MATX: 42.75 (+0.91)
HORIZON LINES, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Horizon Lines, Inc. Over the Proposed Sale of the Company to Matson, Inc. - HRZL
PR Newswire - Fri Nov 14, 8:00PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon" or the "Company" (OTC: HRZL) for potential breaches of fiduciary duties in connection with the sale of the Company to Matson, Inc. The Company's stockholders will only receive $0.72 for each share of Horizon common stock they own.
MATX: 42.75 (+0.91)
HRZL INVESTOR ALERT: Levi & Korsinsky, LLP Launches Investigation into the Board of Directors of Horizon Lines, Inc. Regarding the Fairness of the Sale of the Company to Matson, Inc. -- HRZL
PR Newswire - Fri Nov 14, 10:32AM CST
Levi & Korsinsky is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon Lines" or "the Company" (OTC: HRZL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Matson, Inc. (NYSE: MATX).
MATX: 42.75 (+0.91)
Harwood Feffer LLP Announces Investigation of Horizon Lines, Inc.
PR Newswire - Thu Nov 13, 6:50PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Horizon Lines, Inc. ("Horizon" or the "Company" (OTC: HRZL) concerning the proposed acquisition of the Company by Matson, Inc. ("Matson".
INVESTOR ALERT: Levi & Korsinsky, LLP Launches Investigation into the Board of Directors of Horizon Lines, Inc. Regarding the Fairness of the Sale of the Company to Matson, Inc.
Business Wire - Wed Nov 12, 5:42PM CST
Levi & Korsinsky is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon Lines" or "the Company" (OTC:HRZL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Matson, Inc. (NYSE:MATX).
MATX: 42.75 (+0.91)
Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Horizon Lines, Inc. May Not Be In the Best Interests of Its Investors
PR Newswire - Wed Nov 12, 3:04PM CST
Wolf Popper LLP is investigating claims on behalf of investors in Horizon Lines, Inc. (OTC: HRZL), concerning the proposed acquisition of Horizon by Matson, Inc. (NYSE: MATX). Horizon shareholders seeking more information about this acquisition are advised to contact Carl Stine at (212) 759-4600 or cstine@wolfpopper.com.
MATX: 42.75 (+0.91)
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Horizon Lines, Inc. Concerning its Proposed Sale to Matson, Inc.
Business Wire - Wed Nov 12, 10:52AM CST
The Rosen Law Firm announces that it is investigating the Board of Directors of Horizon Lines, Inc. (OTC:HRZL) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Horizon Lines to maximize shareholder value before agreeing to be acquired by Matson, Inc. (NYSE: MATX).
MATX: 42.75 (+0.91)
Hawaii shipping company buys Alaska business
By AUDREY McAVOY - AP - Tue Nov 11, 5:27PM CST
HONOLULU (AP) — The shipping company with the largest share of the Hawaii market said Tuesday it will buy the Alaska operations of its competitor.
MATX: 42.75 (+0.91)
Matson to acquire Horizon Lines' Alaska operations in $456M deal
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 5:19PM CST
MATX: 42.75 (+0.91)
Matson Completes Alaska Acquisition For $469 Million
PR Newswire - Fri May 29, 1:04PM CDT
Matson, Inc. (NYSE: MATX) today announced that it has completed its previously announced acquisition of Horizon Lines, Inc. (OTCQB: HRZL) which includes Horizon's Alaska operations and the assumption of all non-Hawaii business liabilities (the "Transaction"
. Separately and immediately preceding the completion of the Transaction, Horizon completed the sale of its Hawaii trade lane assets and liabilities to The Pasha Group for $141.5 million. MATX: 42.75 (+0.91)
Horizon Lines Reports First-Quarter 2015 Financial Results
PR Newswire - Fri May 01, 3:01PM CDT
Horizon Lines, Inc. (OTCQB: HRZL) today reported financial results for the fiscal first quarter ended March 22, 2015.
Acquisition of Horizon Lines' Hawaii Business Cleared by DOJ
PR Newswire - Thu Apr 23, 2:15PM CDT
Horizon Lines, Inc. (OTCQB: HRZL) today reported that, after a review by the Antitrust Division of the Department of Justice, Horizon's proposed sales transaction with The Pasha Group has been granted early termination of the premerger waiting period. This grant was effective April 21, 2015. Subject to the satisfaction of any remaining conditions to closing, Horizon expects the closing of the transaction to occur before the end of the company's second quarter.
Fixed Income Opportunities In Shipping
MTN Investor - Seeking Alpha - Mon Apr 06, 6:20AM CDT
The dry bulk and container ship industry have had severe challenges over the past few years. Since 2009, global trade demand has grown at a strong pace, but the supply of vessels has outpaced trade demand and caused sustained low charter rates. The...
PRGN: 0.64 (+0.03), NM: 3.69 (+0.24), GSL: 5.84 (+0.17), TEU: 0.97 (+0.02)
Horizon Lines Reports Fourth-Quarter 2014 Financial Results
PR Newswire - Fri Mar 13, 8:00AM CDT
Horizon Lines, Inc. (OTCQB: HRZL) today reported financial results for the fiscal fourth quarter ended December 21, 2014.
Horizon Lines Sells Puerto Rico Terminal Assets And Assigns Lease To Luis Ayala Colon
PR Newswire - Wed Mar 11, 4:15PM CDT
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon Lines"
today announced that it entered into and executed an Asset Purchase Agreement ("Agreement" with Luis Ayala Colon Sucrs. selling certain San Juan, Puerto Rico container terminal assets and assigning its lease with the Puerto Rico Ports Authority effective today, March 11, 2015. Horizon Lines Announces Settlement of Merger Litigation and Amendment to Merger Agreement
PR Newswire - Fri Feb 13, 6:30PM CST
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon" or the "Company"
today announced it has reached an agreement in principle providing for the settlement and dismissal, with prejudice, of the consolidated putative class action complaint pending in the Delaware Court of Chancery (the "Court" in connection with Horizon's proposed merger with Matson Navigation, Inc. ("Matson", a subsidiary of Matson, Inc. (NYSE: MATX) (the "Merger". MATX: 42.75 (+0.91)
Horizon Lines Secures Emissions Control Permit
PR Newswire - Fri Jan 09, 3:01PM CST
Horizon Lines, Inc. (OTCQB: HRZL) ("Horizon"
today announced it has received a permit providing a conditional waiver from the North American Emissions Control Area (ECA) fuel sulfur content requirements of MARPOL Annex VI regulation 14.4. The permit is in force while Horizon pursues installation of Exhaust Gas Cleaning System (EGCS) on each of its three (3) D7-class vessels which operate in the Alaska trade. The permit was issued by the United States Coast Guard (USCG) and the U.S. Environmental Protection Agency (EPA) and became effective in 2015. The permit will allow these Horizon vessels to use low-sulfur heavy fuel oil in their main engines while operating between Washington state and Alaska, subject to compliance with other terms and restrictions of the permit. Horizon is committed to operating its vessels and terminals in accordance with all environmental regulations, and continuing to serve its customers in the most efficient and reliable means possible. Matson: This Wonderful Business Is About To Get Even Better In 2015
ValueArtifex - at Seeking Alpha - Thu Jan 01, 7:30AM CST
ALEX: 38.82 (+0.64), MATX: 42.75 (+0.91)
The Pending Takeout Of Horizon Lines' Equity Offers Potential For 'Home Run' Arbitrage
ValueArtifex - Seeking Alpha - Wed Dec 10, 6:30AM CST
In Dark Corners Of The Market Those who have been following my articles will have noticed by now that I am often attracted to special situations investing because of the opportunity for investors to generate high internal rates of return with...
MATX: 42.75 (+0.91)
HRZL SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches Investigation of the Board of Directors of Horizon Lines, Inc. in Connection With the Fairness of the Sale of the Company to Matson, Inc. - HRZL
Business Wire - Wed Nov 19, 1:18PM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Horizon Lines, Inc. (OTC: HRZL) ("Horizon Lines"
in connection with the sale of the Company to Matson, Inc. (NYSE: MATX). MATX: 42.75 (+0.91)
HRZL SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into the Board of Directors of Horizon Lines, Inc. in Connection With the Fairness of the Sale of the Company to Matson, Inc. -- HRZL
Business Wire - Mon Nov 17, 11:28AM CST
Levi & Korsinsky is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon Lines" or "the Company"
(OTC: HRZL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Matson, Inc. (NYSE: MATX). MATX: 42.75 (+0.91)
HORIZON LINES, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Horizon Lines, Inc. Over the Proposed Sale of the Company to Matson, Inc. - HRZL
PR Newswire - Fri Nov 14, 8:00PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon" or the "Company"
(OTC: HRZL) for potential breaches of fiduciary duties in connection with the sale of the Company to Matson, Inc. The Company's stockholders will only receive $0.72 for each share of Horizon common stock they own. MATX: 42.75 (+0.91)
HRZL INVESTOR ALERT: Levi & Korsinsky, LLP Launches Investigation into the Board of Directors of Horizon Lines, Inc. Regarding the Fairness of the Sale of the Company to Matson, Inc. -- HRZL
PR Newswire - Fri Nov 14, 10:32AM CST
Levi & Korsinsky is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon Lines" or "the Company"
(OTC: HRZL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Matson, Inc. (NYSE: MATX). MATX: 42.75 (+0.91)
Harwood Feffer LLP Announces Investigation of Horizon Lines, Inc.
PR Newswire - Thu Nov 13, 6:50PM CST
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Horizon Lines, Inc. ("Horizon" or the "Company"
(OTC: HRZL) concerning the proposed acquisition of the Company by Matson, Inc. ("Matson". INVESTOR ALERT: Levi & Korsinsky, LLP Launches Investigation into the Board of Directors of Horizon Lines, Inc. Regarding the Fairness of the Sale of the Company to Matson, Inc.
Business Wire - Wed Nov 12, 5:42PM CST
Levi & Korsinsky is investigating the Board of Directors of Horizon Lines, Inc. ("Horizon Lines" or "the Company"
(OTC:HRZL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Matson, Inc. (NYSE:MATX). MATX: 42.75 (+0.91)
Wolf Popper LLP Investigates Claims That the Proposed Acquisition of Horizon Lines, Inc. May Not Be In the Best Interests of Its Investors
PR Newswire - Wed Nov 12, 3:04PM CST
Wolf Popper LLP is investigating claims on behalf of investors in Horizon Lines, Inc. (OTC: HRZL), concerning the proposed acquisition of Horizon by Matson, Inc. (NYSE: MATX). Horizon shareholders seeking more information about this acquisition are advised to contact Carl Stine at (212) 759-4600 or cstine@wolfpopper.com.
MATX: 42.75 (+0.91)
EQUITY ALERT: The Rosen Law Firm Announces Investigation of Horizon Lines, Inc. Concerning its Proposed Sale to Matson, Inc.
Business Wire - Wed Nov 12, 10:52AM CST
The Rosen Law Firm announces that it is investigating the Board of Directors of Horizon Lines, Inc. (OTC:HRZL) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Horizon Lines to maximize shareholder value before agreeing to be acquired by Matson, Inc. (NYSE: MATX).
MATX: 42.75 (+0.91)
Hawaii shipping company buys Alaska business
By AUDREY McAVOY - AP - Tue Nov 11, 5:27PM CST
HONOLULU (AP) — The shipping company with the largest share of the Hawaii market said Tuesday it will buy the Alaska operations of its competitor.
MATX: 42.75 (+0.91)
Matson to acquire Horizon Lines' Alaska operations in $456M deal
Seeking Alpha - at Seeking Alpha - Tue Nov 11, 5:19PM CST
MATX: 42.75 (+0.91)
