How does that float your boat?

Our neighbor up the road, Oglebay Norton Company, signed a definitive purchase agreement to sell six of its nine marine vessels. The previously announced intention to sell also includes long-term contracts for transporting limestone from the company's Michigan operations. Closing of the sale is subject to regulatory clearance; therefore, terms of the agreement have not been disclosed. In addition, the company stated that it intends to sell its remaining three vessels and is in negotiations with a potential buyer. This is just the next step in the company's evolution from a troubled financial state to an efffective business model. Congrats to President Mike Lundin for his fine efforts to move the company forward. Your comment?