Zapata Corporation Announces Completion Of Omega Protein’s Re-Purchase Of 9.3 Million Shares Of Common Stock For $47.5 Million

ROCHESTER, N.Y.--(BUSINESS WIRE)--Zapata Corporation (NYSE:ZAP) Chairman and CEO, Avram Glazer, announced today that Zapata has closed its previously announced transaction to sell 9,268,292 shares of Omega Protein Corporation (NYSE:OME) common stock to Omega at a purchase price of $5.125 per share, or $47.5 million. In connection with the closing, Zapata’s two representatives, Avram A. Glazer and Leonard DiSalvo, have resigned from Omega’s Board of Directors.

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