Roadrunner Transportation Systems Announces Plans For Rights Offering [Reuters]
ROADRUNNER TRANS SYS INC (RRTS)
Last roadrunner trans sys inc earnings: 3/26 04:15 pm
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Source: Reuters
Roadrunner Transportation Systems Inc (RRTS.N) Key Developments | Reuters.com Sept 19 (Reuters) - Roadrunner Transportation Systems Inc ::ROADRUNNER TRANSPORTATION SYSTEMS ANNOUNCES PLANS FOR RIGHTS OFFERING TO STOCKHOLDERS.ROADRUNNER TRANSPORTATION SYSTEMS - EXPECTS TO RECEIVE GROSS PROCEEDS OF ABOUT $450 MILLION BEFORE FEES AND EXPENSES.ROADRUNNER TRANSPORTATION - TO USE PROCEEDS FROM RIGHTS OFFERING, BACKSTOP COMMITMENT TO PAY IN CASH ALL ACCRUED, UNPAID DIVIDENDS ON PREFERRED STOCK.ROADRUNNER TRANSPORTATION-OFFERING EXPECTED TO BE SUPPORTED BY COMMITMENT BEING NEGOTIATED WITH AFFILIATED FUNDS OF ELLIOTT TO BUY ALL UNSUBSCRIBED SHARES. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumer
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