New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 2, 2013
08:01 EDTUACLUniversal Truckload to acquire Westport Axle Corporation for $123M
Universal Truckload Services announced that it will acquire the sole shareholder of Westport Axle Corporation from an international industrial group headed in Brazil by SM Brasil Participacoes S/A. For the year-ended December 31, 2012, Westport had operating revenues of $58.4M, and $66M for the nine months ended September 30. The cash purchase price is $123M and is subject to a post-closing adjustment. To finance the acquisition, Universal anticipates increasing its senior credit facility to $300M. Universal expects to receive regulatory approval for the transaction and close in late December 2013, subject to customary closing conditions.
News For UACL From The Last 14 Days
Check below for free stories on UACL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for UACL

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use