Ambassadors Invites Qualified Parties to Discuss Sale of Majestic America Line
NEWPORT BEACH, Calif., May 28, 2008 -- Ambassadors International, Inc. today announced its process for the sale of Majestic America Line, and implicitly welcomed bids from qualified interested buyers.
Joseph G. McCarthy, Vice President of Corporate Development, stated that, "the formal process has commenced and Confidential Information Memorandum's on Majestic America Line have already been sent to qualified interested buyers. With the interest that has been expressed and our desire to complete the transaction in the immediate future, the sale process will be handled by the Company."
The company indicated that parties interested in the sale should contact Joseph G. McCarthy directly at (949) 759-5951 or jmccarthy@ambassadors.com to engage in the process.
Ambassadors International, Inc. describes itself as follows:
Ambassadors International, Inc. is a cruise, marine, and travel and event company. The Company operates Windstar Cruises, an international, luxury cruise line and Majestic America Line, a North American river and coastal cruising company. The Company is also a global provider of construction and consulting services to marina owners. In addition, the Company provides travel and event services. The Company is headquartered in Newport Beach, California.

