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Central Freight Lines, Inc. Announces Completion of Going-Private Transaction.

Publication: PR Newswire
Publication Date: 28-NOV-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WACO, Texas, Nov. 28 /PRNewswire/ -- Central Freight Lines, Inc. today announced the completion of its going-private transaction. The transaction, which was approved by Central's stockholders on November 21, was accomplished through the merger of Green Acquisition Company with and into Central, with Central as the surviving corporation. As a result of the merger, Jerry Moyes and certain related parties became the owners of Central, and Central's former public stockholders became entitled to receive cash equal to...



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