(Reuters) - Oil tanker operator OMI Corp. said on Tuesday it agreed to be bought by Teekay and Torm for $29.25 a share in cash, valuing the company at nearly $2 billion.
Teekay will keep OMI's Suezmax operations and eight product tankers, and Torm will buy its remaining 26 product tankers.
Read more at Reuters.com Mergers News
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