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
May 7, 2015, 9:09 AM
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)