Brief: Adams Resources & Energy Signs Asset Purchase Agreement To Acquire Transportation Company Assets
18/05/2020 21:35
May 18 (Reuters) - Adams Resources & Energy Inc AE.A :
* ADAMS RESOURCES & ENERGY, INC. SIGNS ASSET PURCHASE
AGREEMENT TO
ACQUIRE TRANSPORTATION COMPANY ASSETS
* ADAMS RESOURCES & ENERGY - SERVICE TRANSPORT'S ANTICIPATED
PURCHASE OF CTL'S ASSETS IS PART OF COMCAR'S CHAPTER 11
BANKRUPTCY PROCESS
* ADAMS RESOURCES & ENERGY INC - TRANSACTION WILL BE
IMMEDIATELY
ACCRETIVE TO EARNINGS
Source text for Eikon: ID:nPn747xlxa
Further company coverage: AE.A
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