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Sherwood Sends Follow-Up Letter to Navios Maritime Partners LP (NMM)
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Sherwood Sends Follow-Up Letter to Navios Maritime Partners LP (NMM)

Jul 05, 2024
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Sherwood Sends Follow-Up Letter to Navios Maritime Partners LP (NMM)
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Key Summary: On July 22, 2021, Sherwood disclosed a 5.8% stake, expressing concerns about the company's management and decisions by CEO Angeliki Frangou, including $200 million in ATM offerings and $185 million ship purchases from related parties. On September 3, 2021, Sherwood and MRMP suggested merging Frangou's private ship management company with NM…

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