BB&T Capital Starts Radiant Logistics (RLGT) at Buy
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Radiant Logistics (RLGT) Acquires Service By Air in $12M Deal
June 8, 2015 5:17 PM EDTRadiant Logistics (NYSE: RLGT) announced it has acquired New York-based Service By Air, Inc., a privately held company that provides a full range of domestic and international transportation and logistics services across North America. The transaction is valued at approximately $12.0 million in cash and is subject to certain hold-back provisions and a working capital adjustment as of the closing date.
Founded in 1976, Service By Air services a diversified account base including manufacturers, distributors and retailers through a combination of company-owned operating locations in Lawrence, New York (JFK), Carson, California (LAX) and San... More
