Roadrunner Transportation Systems Inc Announces Acquisition of G.W. Palmer Logistics

Wednesday, 11 Sep 2013 04:52pm EDT 

Roadrunner Transportation Systems Inc announced that it has acquired all of the outstanding equity of G.W. Palmer Logistics, LLC (G.W. Palmer), a non-asset truckload service provider based in Batesville, Arkansas. The purchase price was approximately $2.5 million, plus an earn-out capped at $2.8 million. The acquisition was financed with borrowings under Roadrunner`s credit facility. 

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