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US crab importer Blue Star acquires Coastal Pride for mostly stock

'The majority of the consideration paid to Coastal Pride was in the form of equity in Blue Star, so our family and employees are now shareholders in the combined company' --  Tracey Lubkin Greco

By Jason Huffman | Dec. 2, 2019 17:16 GMT
A crab fishing boat in the Philippines. Photograph courtesy of Blue Star Foods.
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Miami, Florida-based Blue Star Foods Corp. announced Monday, Dec. 2, that it has acquired Coastal Pride Company, another US-based crab importer, in a deal that mostly involved a not yet specified amount of stock in the newly merged operation as well as some cash and a promissory note. [...]

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