Vigor Industrial LLC Announces 88% Tender in Offer for Shares of Todd Shipyards Corporation; Tender Offer Expires

Vigor Industrial LLC Announces 88% Tender in Offer for Shares of Todd Shipyards Corporation; Tender Offer Expires
TODD SHIPYARDS CORPORATION and VIGOR INDUSTRIAL LLC today announced that the tender offer by Vigor’s wholly owned subsidiary, Nautical Miles, Inc. for all of the outstanding shares of common stock of Todd at a price of .27 per share net to the holder in cash, without interest and less any required withholding and transfer taxes, expired at 12:00 midnight, New York City time, on Friday …
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