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Frontline Ltd.

Achieved net income attributable to the Company of $18.3 million, or $0.12 per share, for the fourth quarter of 2016 and $117.0 million, or $0.75 per share, for the year ended December 31, 2016. In January, Frontline approached DHT with a proposal for a possible business combination whereby the Company would acquire DHT in a stock-for-stock transaction, which was declined by DHT’s Board. In February, Frontline presented an improved and final offer of 0.80 Frontline shares per DHT share, which wa … (See Research Report)
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