Deal snapshot: TIDEWATER, GULFMARK FILE DEFINITIVE PROXY STATEMENT; DEAL TO CLOSE ON OR ABOUT 15 NOVEMBER.

MANews-(C)2009-2018

Texas, US-based oil and gas industry marine services providers Tidewater Inc. (NYSE: TDW) and GulfMark Offshore, Inc. (NYSE: GLF) have filed joint definitive proxy statement and prospectus with the US Securities and Exchange Commission regarding the pending business combination pursuant to which Tidewater has agreed to acquire all of GulfMark's outstanding shares in a stock for stock exchange.

Both companies' Boards of directors continue to unanimously recommend that stockholders vote "FOR" the associated proposals to effect the business combination as presented in the joint definitive proxy statement and prospectus.

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