Roadrunner Transportation Systems announces rights offering to stockholders [Seeking Alpha]
ROADRUNNER TRANS SYS INC (RRTS)
Last roadrunner trans sys inc earnings: 3/26 04:15 pm
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US:NYSE Investor Relations:
rrts.com/investors
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Source: Seeking Alpha
Thinly traded Roadrunner Transportation Systems ( RRTS ) announces rights offering to existing holders of its common stock with an aim to improve and simplify RRTS's capital structure. This rights offering is expected to be supported certain funds affiliated with Elliott Management to purchase all unsubscribed RRTS's shares. RRTS expects to receive gross proceeds of ~$450M. S-1 Click to subscribe to real-time analytics on RRTS Now read: FedEx: Taking Another Look At $250 » Subscribe for full text news in your inbox
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