ArcBest Corporation (ARCB) - NASDAQ
  • Jun. 14, 2012, 10:07 AM

    Arkansas Best (ABFS -1.7%) agrees to acquire logistics company Panther Expedited Services from P-E firm Fenway Partners for $180M, including debt. Arkansas Best will pay for the purchase, which will add to its earnings in Q3, with cash of $80M and a five-year $100M senior secured term loan. (PR)

    | Jun. 14, 2012, 10:07 AM
Company Description
ArcBest Corp. operates as a holding company which provides freight transportation services and solutions. It operates through the following segments: Freight Transportation, Premium Logistics & Expedited Freight Services, Domestic & Global Transportation Management, Emergency & Preventative... More
Sector: Services
Industry: Trucking
Country: United States