Great Lakes Dredge & Dock to be delisted from Nasdaq after Saltchuk deal closes

Great Lakes Dredge & Dock

GLDD

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Great Lakes Dredge & Dock shares ceased trading on NASDAQ before market open on April 1, 2026, following Saltchuk completion of its cash acquisition.
Delisting follows close of transaction at USD 17 per share, implying enterprise value of about USD 1.5 billion.
Saltchuk tender offer expired at 11:59 p.m. New York time on March 31, 2026, with about 53.7 million shares tendered, equal to 79.88% of outstanding stock.
Great Lakes will operate as a stand-alone business unit under existing leadership within Saltchuk.
Next update flagged for a subsequent press release covering additional details and status of previously announced debt tender offer.

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