Attached files
| file | filename |
|---|---|
| 8-K - TODD SHIPYARDS CORP | v206373_8k.htm |
| EX-2.1 - TODD SHIPYARDS CORP | v206373_ex2-1.htm |
| EX-10.4 - TODD SHIPYARDS CORP | v206373_ex10-4.htm |
| EX-10.6 - TODD SHIPYARDS CORP | v206373_ex10-6.htm |
| EX-99.2 - TODD SHIPYARDS CORP | v206373_ex99-2.htm |
| EX-99.4 - TODD SHIPYARDS CORP | v206373_ex99-4.htm |
| EX-10.5 - TODD SHIPYARDS CORP | v206373_ex10-5.htm |
| EX-99.1 - TODD SHIPYARDS CORP | v206373_ex99-1.htm |
| EX-99.5 - TODD SHIPYARDS CORP | v206373_ex99-5.htm |
Exhibit
99.3
(Form of
Customer letter)
Dear
(Customer):
Today is
a big day for Todd Pacific Shipyards, and I am happy to share the news with
you.
Vigor
Industrial, LLC has made a proposal to acquire all of the shares of Todd
Shipyards Corporation. Our Board of Directors has reviewed Vigor’s proposal and
is recommending to stockholders that they accept this offer.
If
sufficient numbers of shares are tendered, then the thousands of shareholders
who currently own Todd Shipyards Corporation will transfer their ownership to
Vigor, which is a private company and will be the new owner of
Todd. This ownership will include all of Todd’s subsidiaries,
including Todd Pacific Shipyards Corporation and Everett Shipyard,
Inc.
This sale
will bring together the premier shipbuilding and ship repair companies in
Washington and Oregon to create the largest and most capable marine services
provider in the Pacific Northwest and allow us to better serve our
customers.
All
existing contracts and obligations will remain in place, as will our current
leadership.
Our
stronger and more diversified business will produce long-term advantages for our
customers. With our existing facilities in Washington, Vigor adds
significant shipyard and industrial operations in the Portland area, a ship
repair facility in Port Angeles and Tacoma, as well as operations in Bremerton
and Everett.
Uniting
these resources with the capabilities of these two companies will enable us to
expand the scope and capacity of our ship repair and new construction
operations. Our combined experience will provide a level of
capability, quality, efficiency and adaptable skills that will be second to
none.
We
appreciate your business and look forward to working with you in the
future.
For your
convenience, I am attaching a copy of the press release. Please
contact (xxxx) if you have any questions.
Sincerely,