Brief: Proficient Auto Logistics Agrees To Acquire Hansen & Adkins,
BRIEF-Proficient Auto Logistics Agrees To Acquire Hansen & Adkins, Aug 10 (Reuters) - 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;))
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