Danaos blasts Eagle Bulk’s repurchases of $219m Oaktree shares and poison pill adoption
Eagle’s largest shareholder details ‘serious concerns’ with the board’s decisions
Danaos Corporation, which recently amassed a double-digit stake in Eagle Bulk, is slamming Eagle’s use of debt to finance the $219m acquisition of its shares from Oaktree and its adoption of a poison pill that effectively prevents Danaos from increasing its stake in the company