Seward & Kissel advises in the negotiation of the repurchase of Aegean shares.

August 18, 2016

On August 17, 2016, Aegean Marine Petroleum Network Inc. (NYSE: ANW) reached an agreement to repurchase from Dimitris Melissanidis, Aegean’s Head of Corporate Development, the 11.3 million shares of Aegean’s common shares owned by Mr. Melissanidis, representing 22% of Aegean’s outstanding common shares at an aggregate purchase price of $99,579,703 ($8.81 per share). The firm represented the Special Independent Committee and Compensation Committee in connection with the negotiation of the repurchase. The Seward & Kissel team consisted of Gary Wolfe, corporate securities partner, and Filana Silberberg and Steven Bentsianov, corporate securities associates.

 


Related Attorneys