Page 54: of Marine News Magazine (April 2015)

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PEOPLE & COMPANY NEWS

Jindal & Hagan Johnson & Murphy

American river cruise itineraries. The a corporate sponsor of the National complaint pending in the Delaware

Mississippi River cruises will oper- Coast Guard Museum to be built in Court of Chancery in connection ate from docking facilities near the New London, Connecticut, donating with Horizon’s proposed merger with

French Quarter in New Orleans. By $250,000 to support the building of Matson Navigation, Inc. Pursuant to late 2017, two boats will be deployed this ? rst and only national museum the settlement with plaintiffs, which per year, for a total of six new boats honoring the achievements of U.S. is subject to Court approval, Horizon in the ? rst three years. The specialty- Coast Guard men and women. The agreed to make certain supplemental built riverboats will have a full com- National Coast Guard Museum As- disclosures to Horizon’s stockholders plement of luxury amenities and host sociation is currently engaged in a na- through a supplement to Horizon’s up to 300 passengers at approximate- tionwide fundraising campaign. proxy statement. Further, Horizon ly one-tenth the size of oceangoing www.coastguardmuseum.org agreed to amend the Agreement and cruise vessels. The Mississippi River Plan of Merger, dated as of Novem-

Horizon Lines Settles Merger itineraries will be the company’s ? rst ber 11, 2014, by and among Horizon,

Litigation cruise offering in North America. Matson, and Hogan Acquisition Inc.,

Horizon Lines, Inc. announced a wholly-owned subsidiary of Matson it has reached an agreement in prin-

Eastern Shipbuilding Supports to reduce the termination fee that ciple providing for the settlement may be payable by Horizon to Mat-

National Coast Guard Museum

Association and dismissal, with prejudice, of the son under certain circumstances from

Eastern Shipbuilding has become consolidated putative class action $17,149,600 to $9,500,000.

April 2015

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