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Bassett Furniture completes sale of Zenith Freight Lines to J.B. Hunt subsidiary

Mar. 01, 2022 9:28 AM ETJ.B. Hunt Transport Services, Inc. (JBHT) Stock, BSET StockBy: Preeti Singh, SA News Editor
  • Home furnishings firm Bassett Furniture Industries (NASDAQ:BSET) has completed the sale of Zenith Freight Lines to J.B. Hunt Transport Services (NASDAQ:JBHT).
  • A wholly-owned subsidiary of JBHT acquired substantially all of the assets of Zenith for ~$87M.
  • Bassett and J.B. Hunt also

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