Brief: EQUUS Announces Pending Sale Of Its Interest In Palletone, Inc

Equus Total Return

11/12/2020 01:18

Dec 10 (Reuters) - EQUUS Total Return Inc  EQS.N :
    * EQUUS ANNOUNCES PENDING SALE OF ITS INTEREST IN PALLETONE,
INC.
    * UFP ALSO AGREED TO PAY $18 MILLION FOR PALLETONE'S RECENT
CAPITAL EXPENDITURES
    * EQUUS TOTAL RETURN-BOARD OF DIRECTORS OF UFP INDUSTRIES
HAS
APPROVED THE PURCHASE OF 100% OF THE EQUITY OF PALLETONE, INC.
FOR APPROXIMATELY $232 MILLION

Source text for Eikon:  ID:nGNX1JNBhw 
Further company coverage:  EQS.N 

 ((Reuters.Briefs@thomsonreuters.com;))