Roadrunner Transportation (RRTS) Acquires D&E Transport in $11.2M Deal
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Roadrunner Transportation Systems, Inc. (NYSE: RRTS), a leading asset-light transportation and logistics services provider, announced today that it has acquired all of the outstanding capital stock of D&E Transport (“D&E”), an asset-light flatbed carrier focused primarily on food and agricultural products located in Clearwater, Minnesota, for approximately $11.2 million plus an earnout. The acquisition was financed with borrowings under Roadrunner’s credit facility.
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