Greatwide Logistics Acquisition Approved
Greatwide Logistics Services, a national provider of non-asset-based transportation and third-party logistics services, has obtained Court approval for an investor group to acquire the company. The investor group includes affiliates of Centerbridge Partners and The D. E. Shaw Group.
The company expects to close the transaction within 30 days. Current debt will be reduced by $478 Million, or 77%, according to Greatwide.
Want to use this article? Click here for options!
© 2012 Penton Media Inc.
Advertisement
Feature Article
2012 Top 10 Predictions for the Supply Chain in 2012
2012 will see the consumer take a more prominent role in directing the course of supply chain management, as volatile demand has become the new norm.
More Feature Articles
- How Lift Truck Fleet Management Helped a 3PL Improve Service
- Commentary: Why Logistics and Politics Need to Mix — for the Economy’s Sake
- It Only Takes a Moment to Win - or Lose - a Customer
More Web Exclusive Features
More from the January Issue
MH&L Video Spotlight
Kuna Foodservice, a food distributor based in St. Louis, Mo., expanded to a 98,000 sq. ft. distribution center that includes a refrigerated receiving dock, freezer and storage area for paper and canned goods. Learn more.
Featured Suppliers
Advertisement
Advertisement
Advertisement
Advertisement
Acceptable Use Policy blog comments powered by Disqus