Resolute Investments Ltd. to Sell 6.0 Million Teekay Shares in Privately Negotiated Transactions; Teekay Corporation to Repurchase 300,000 Shares

HAMILTON, BERMUDA -- (Marketwired) -- 12/02/13 -- Teekay Corporation (Teekay or the Company) (NYSE: TK) announced today that its largest shareholder, Resolute Investments Ltd. (Resolute), has agreed to sell 5.7 million of its Teekay common shares to a group of investors led by Magnetar Capital and ...