According to Omega Protein
, the strategic acquisition advances its business strategy by uniting two highly complementary businesses, adding immediate size and scale to the overall business through more diversified human nutrition product offerings and expanding Omega Protein
's global customer reach.
It's hard to envision the entire Gulf Coast being a giant toilet bowl of oil," Omega Protein
chief financial officer Robert Stockton said in an interview with Reuters.
Therefore, effective April 30, 2010, Omega Protein
will relocate its nine Moss Point fishing vessels and three carry vessels to fishing grounds on the west side of the Mississippi River Delta.
And just as it has for von Rosenberg, Omega Protein
also has made a sublime ending for the menhaden fish.
Glazer said, "Zapata has had a long and rewarding relationship with Omega Protein
and we wish them well.
does not intend to disclose or comment on further developments regarding the review of strategic alternatives unless and until the Board of Directors approves a specific action or otherwise concludes its review.
Zapata continues to own 5,232,708 shares of Omega Protein
common stock, or 33% of the company.
On a consolidated basis, the net loss in the current quarter resulted primarily from an impairment charge recorded to reduce the carrying value of the Company's investment in Omega Protein
Corporation (NYSE: OME) to fair value.
24, 2015 /PRNewswire/ -- Omega Protein
Corporation (NYSE:OME), a nutritional product company and a leading integrated provider of specialty oils, essential fatty acids and specialty protein products, announced today that it has entered into a new $125 million revolving credit agreement, which matures in August 2020.
Zapata Corporation, which is controlled by the family of billionaire-financier Malcolm Glazer, was the largest shareholder in Omega Protein
and has been trying to sell its stake since December last year.
Zapata Corporation (NYSE: ZAP) today announced it has signed an agreement with its majority-owned subsidiary Omega Protein
Corporation (NYSE: OME) for Omega Protein
's repurchase of 9,268,292 of the 14,501,000 Omega Protein
shares owned by Zapata for $47.
11, 2015 /PRNewswire/ -- Omega Protein
Corporation (NYSE: OME), a nutritional product company and a leading integrated provider of specialty oils, essential fatty acids and specialty protein products, acknowledged today that it has received a letter from a shareholder, Wynnefield Capital Management, LLC that was filed as an exhibit to a Schedule 13D filing made by that shareholder with the Securities and Exchange Commission.
Corporation (OME) will build a new technical center to be located in Houston, TX, to further develop its OmegaPure food grade omega 3 product line.
The decrease in consolidated revenue resulted from decreased revenue recognized by Omega Protein
Corporation (NYSE: OME).
HOUSTON, July 30, 2015 /PRNewswire/ -- Omega Protein
Corporation (NYSE: OME), a nutritional product company and a leading integrated provider of specialty oils, essential fatty acids and specialty protein products, today announced Andrew Johannesen, Executive Vice President & Chief Financial Officer, will present at the Canaccord Genuity 35[sup.