USA Truck: Knight Offer 'Substantially Undervalues' Our Company

by Lance Turner  on Friday, Sep. 27, 2013 7:31 am  

USA Truck said it is "disappointed not only that Knight decided to make its proposal public this morning, but did so in a misleading manner."

In a statement released late Thursday, USA Truck Inc. of Van Buren said Knight Transportation's $9 per share takeover offer "substantially undervalues" the company and called Knight's method of disclosing the deal "misleading."

Want the Full Article?

Get Unlimited Archive Access for $19.95 per Year

Readers must pay to access stories older than 20 days.

Purchase Now

Already have archive access? Login to view this article.

Search

Latest Arkansas Business Poll

Should the U.S. end the embargo against Cuba?