NY Water Taxi to acquire Circle Line

November 3, 2008 at 5:12 pm Leave a comment

An agreement has been reached for New York Water Taxi to acquire the assets of Circle Line Harbor Cruise, LLC.

The companies will continue to operate independently until the transaction is completed in December.

Tom Fox, who currently is chief executive officer of New York Water Taxi, will become CEO of the combined company. Further management appointments will be announced later.

The companies announced the agreement in a statement Monday.

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Entry filed under: Get Wet, Maritime, Public Waterfront. Tags: , , .

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