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Article: Radiant Logistics Acquires Adcom Worldwide.
- Article from:
- Mergers & Acquisitions Week
- Article date:
- September 24, 2008
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Radiant Logistics, Inc. (BULLETIN BOARD: RLGT) , a domestic and international logistics services company, announced it has acquired Adcom Express, Inc. d/b/a Adcom Worldwide, a Minneapolis, Minnesota-based, privately held company that provides a full range of domestic and international transportation and logistics services across North America. The transaction is valued at up to $11.1 million, consisting of cash of $5.0 million to be paid at closing with an additional $6.1 million payable over the next four years in a combination of cash and Company common stock based on the future performance of the acquired operation. The cash provided at closing is subject to certain ...