American Industrial Partners Announces Extension of SEACOR Holdings Inc. Tender Offer

NEW YORK--(BUSINESS WIRE)--American Industrial Partners and its affiliate Safari Merger Subsidiary, Inc. (“Purchaser”) announced that Purchaser’s tender offer for shares of SEACOR Holdings Inc. (NYSE: CKH) (“SEACOR”) has achieved 54.5% of the outstanding shares tendered, and Purchaser has extended the expiration date until 5:00 p.m. Eastern Time on Friday, March 26, 2021. The Merger Agreement requires that a minimum of 66 2/3% of the outstanding shares be tendered, and the extension is to allow additional time to meet this minimum tender condition.