Articles > Popular publications > PR Newswire press releases > July-September 2006 > Thursday, July 20

Article: Stonepath Group Signs Letter of Intent to Sell U.S.-Based International Services Unit.

Article from:
PR Newswire
Article date:
July 20, 2006
Copyright

SEATTLE, July 20 /PRNewswire-FirstCall/ -- Stonepath Group , the logistics services organization, announced today that it has signed a letter of intent with ComVest Investment Partners, II, LLC ("ComVest") and JTM Acquisition Corporation ("JTM," together with ComVest, "COMVEST-JTM") for the sale of its Stonepath Logistics International Services, Inc. ("SLIS") and Stonepath Logistics (Germany) GmbH units, for a proposed all cash price of $18 million. SLIS, which was acquired by Stonepath Group in 2002, is Stonepath's North American-based logistics business that provides international air and ocean logistics services. Stonepath Group's offshore subsidiaries, including ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Issues Coverage of Stonepath Group, Inc.
M2 Presswire;  October 24, 2006 ;     700+ words ... ... private equity fund ComVest Investment Partners II, LLC ("ComVest"). The Company ... Container Line, Inc. Stonepath Group's offshore subsidiaries ... http://www.comvest.com). About Stonepath Group (Amex: STG - News ...

Article: Stonepath Group Enters Definitive Agreement to Sell ...
PR Newswire;  September 6, 2006 ;     700+ words ... ... private equity fund ComVest Investment Partners ... Container Line, Inc. Stonepath Group's offshore subsidiaries ... companies. Since 1988 ComVest has invested more ... http://www.comvest.com/). About Stonepath Group Stonepath (www ...

Article: Stonepath Group Names John Brine Senior VP ...
PR Newswire;  December 17, 2001 ;     700+ words ...PHILADELPHIA -- Stonepath Group today announced that it has named ... Communications. Mr. Brine joined Stonepath Group in 1999 as Vice President and ... corporate communications for Stonepath Group and will lead the marketing efforts ...

Article: Stonepath Group Announces Reorganization and Change ...
PR Newswire;  February 15, 2001 ;     700+ words ... ... PHILADELPHIA, Feb. 15 /PRNewswire/ -- Stonepath Group (Amex: STG) today announced its ... conjunction with the new business strategy, Stonepath Group also announced that it has restructured ... Intl. 612-332-0630. About Stonepath Group Founded in 1998, Stonepath Group ...

Article: Stonepath Group Reports Second Quarter Results.
PR Newswire;  August 14, 2001 ;     700+ words ... ... PHILADELPHIA, Aug. 14 /PRNewswire/ -- Stonepath Group, Inc. (Amex: STG) today reported ... 30, 2001. "We are executing on Stonepath Group's new corporate mission to build ... Dennis Pelino, Chairman and CEO of Stonepath Group. "Supply chain management has become ...

Article: Stonepath Group to Sell Interest in Intermodal ...
PR Newswire;  February 14, 2001 ;     609 words ... ... PHILADELPHIA, Feb. 14 /PRNewswire/ -- Stonepath Group (Amex: STG) today announced the signing ... said Andrew Panzo, Chairman and CEO of Stonepath Group." About Stonepath Group Founded in 1998, Stonepath Group (Amex ...

Article: Seedling Technologies Endorses Stonepath Group's ...
Internet Wire;  June 8, 2001 ;     700+ words ... ... that it has concluded a review of Stonepath Group's (AMEX: STG) operating strategy ... between substantial shareholders of Stonepath Group had begun, with the stated goal of ... discussions with its preferred investors, Stonepath Group announced a substantial shift in investment ...

Article: Andrew Panzo Resigns From Stonepath Group.
PR Newswire;  December 14, 2001 ;     700+ words ...PHILADELPHIA -- Stonepath Group today announced that Andrew Panzo ... becoming a global logistics leader. Stonepath Group plans to accelerate its growth ... ability to create value for Stonepath Group and its shareholders. The Company ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives