Norwegian Cruise Line completes acquisition of Prestige Cruises

Norwegian Cruise Line announced it has completed its acquisition of Prestige Cruises International, the parent company of Oceania Cruises and Regent Seven Seas , in a $3 billion deal. As previously announced by the Miami-based company, Norwegian will assume Prestige's debt and handle a possible payout of up to $50 million for Prestige shareholders depending on the company's performance in 2015.

http://ift.tt/11DpWHi