Note: All the facts, figures and charts in this article were taken from Patriot Transportation's investor relations website and the company's related SEC filings.
Patriot Transportation (PATR) is a transportation company that also owns some real estate and collects mining royalties. The company is currently in the process of a tax-free spin-off to separate its two business segments and unlock value for shareholders. Once the spin-off is completed early next year, Patriot Transportation may become an acquisition target. This article will discuss the implications of this development on the company's suitability as an acquisition target.
Overview of Patriot Transportation
Patriot Transportation is currently a combination of three companies: Florida Rock & Tank Lines, of FRP Development Corp. and Florida Rock...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|