Danaos corporation delivers letter to eagle bulk shipping board of directors

New york--(business wire)--danaos corporation (“danaos,” “we,” or “us”) (nyse:dac), one of the world's largest independent owners of containerships and the largest shareholder of eagle bulk shipping, inc. (the “company” or “eagle bulk”) (nyse:egle) with ownership of approximately 16.7% of the outstanding shares, has issued a letter to the board of directors of eagle bulk (the “board”) in response to the company's repurchase of oaktree capital's (“oaktree”) 28% stake in the company and unilatera.
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