Seeking Alpha

Quality Distribution, Inc. (QLTY)

  • Thu, May 7, 9:09 AM
    • Quality Distribution (NASDAQ:QLTY+61.8% premarket on news it has agreed to be acquired by funds advised by P-E firm Apax Partners, for ~$800M.
    • The $16/share offer represents a 63% premium over QLTY's closing share price yesterday.
    • Earlier: Quality Distribution beats by $0.04, misses on revenue
    | Thu, May 7, 9:09 AM | Comment!
  • May 8, 2012, 9:09 AM
    Quality Distribution (QLTY) agrees to acquire the assets of oilfield services companies Wylie Bice Trucking and RM Resources for up to $98.3M, expanding its footprint in the North American oil patch. (also: earnings)
    | May 8, 2012, 9:09 AM | Comment!
Visit Seeking Alpha's
QLTY vs. ETF Alternatives
Company Description
Quality Distribution Inc operates chemical bulk tank truck network in North America. It is also a provider of intermodal ISO tank container and depot services in North America.
Sector: Services
Industry: Trucking
Country: United States