Picture of Proficient Auto Logistics logo

PAL — Proficient Auto Logistics News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsAdventurousSmall CapContrarian

Brief: Proficient Auto Logistics Agrees To Acquire Hansen & Adkins,

BRIEF-Proficient Auto Logistics Agrees To Acquire Hansen & Adkins, 

- Proficient Auto Logistics Inc PAL.O:

  • PROFICIENT AUTO LOGISTICS AGREES TO ACQUIRE HANSEN & ADKINS, STRENGTHENING MARKET LEADERSHIP AND CREATING NORTH AMERICA’S LARGEST AUTO HAUL PROVIDER; ANNOUNCES LAUNCH OF $75 MILLION CONVERTIBLE BOND OFFERING

  • PROFICIENT AUTO LOGISTICS - UPFRONT PURCHASE PRICE $130 MILLION INCLUDING $75 MILLION ASSUMED DEBT

  • PROFICIENT AUTO LOGISTICS - POTENTIAL EARNOUT PAYMENTS UP TO $22.10 MILLION BASED ON EBITDA TARGETS

Source text: ID:nGNX3CfWzS

Further company coverage: PAL.O


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

Recent news on Proficient Auto Logistics

See all news