gulfmark in A Sentence

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    Gulfmark is another such company.

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    2

    Combined with Gulfmark, it will be the largest.

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    3

    The combination with Gulfmark checks all of these boxes.

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    4

    This month, you announced an agreement to merge with Gulfmark.

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    5

    The combination with Gulfmark accelerates our progress towards these goals.

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    6

    The consolidation between Gulfmark and Tidewater is a positive for the market.

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    7

    Gulfmark undertook the same set of activities, for many of the same reasons.

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    8

    It has since been a busy time at Tidewater, culminating in this month's Gulfmark merger announcement.

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    9

    Gulfmark Offshore completed its financial restructuring plan and emerged from chapter 11 bankruptcy protection in November 2017.

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    10

    Tidewater's 2018 acquisition of Gulfmark, valued at $340 million, created the world's largest OSV operator, with 245 vessels.

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    11

    Gulfmark President and CEO Quintin Kneen said:“At Gulfmark, we have been longstanding advocates for consolidation of the OSV industry.

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    12

    To date, Tidewater has taken the most active approach to rightsizing since expanding its fleet with its July 2018 acquisition of Gulfmark.

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    13

    Collectively, these Gulfmark securityholders will beneficially own 27% ownership of the combined company after completion of the combination, or 26% on a fully-diluted basis.

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    14

    Collectively, these Gulfmark securityholders will beneficially own 27 percent ownership of the combined company after completion of the combination, or 26 percent on a fully-diluted basis.

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    15

    Under the terms of the all-stock agreement, Gulfmark stockholders will receive 1.100 shares of Tidewater common stock for each share of Gulfmark common stock held by them.

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    16

    Gulfmark Offshore announced that Samuel"Sam" R. Rubio will be promoted to the position of Chief Financial Officer upon completion of the filing of the company's Form 10-K.

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    17

    The hottest news in the last twelve months probably was the merger of Tidewater and Gulfmark, eclipsed only perhaps by Harvey Gulf's(attempted) party crashing at the 11 hour.

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    18

    The hottest news in the last twelve months probably was the merger of Tidewater and Gulfmark, eclipsed only perhaps by Harvey Gulf's(attempted) party crashing at the 11th hour.

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    19

    Tidewater has the broadest operating footprint in the OSV sector today, and the combination with Gulfmark further strengthens our combined presence in the Americas and the North Sea.

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    20

    We are beginning to see improving market conditions, and these improvements coupled with our lower cost structure position Gulfmark well to return to positive earnings and cash flow.".

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    21

    Gulfmark is considered one of the premier OSV owners and operators in the North Sea region, with a strong track record of quality services and Tier 1 vessels.

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    22

    Among the U.S. listed players, Gulfmark International took the a“pre-packaged” Chapter 11 bankruptcy route in a May 2017 filing, and came out the other end six months later, in November.

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    23

    Rubio joined Gulfmark in 2005 and became Vice President- Controller and Chief Accounting Officer in 2008 and was promoted to Senior Vice President- Controller and Chief Accounting Officer in 2012.

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    24

    Looking at current Gulfmark and Tidewater areas of operation around the globe, it is clear that the two firms compete in certain markets, but in just as many if not more, they do not.

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    25

    We have mentioned, for example, that Tidewater's broad footprint in areas such as West Africa and the Middle East gives the combined company the option to redeploy certain Gulfmark assets into these areas to improve utilization.

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