Fleet Management

High Road Initiates Tender Offer for KLLM

June 02, 2000

SHARING TOOLS        | Print Subscribe
High Road Acquisition Corp. said on Friday it launched its friendly $33-million tender offer for KLLM Transport Services Inc., which has agreed to be acquired by the group for $8.05 a share.

Formed by KLLM chief executive Jack Liles and WorldCom chief executive Bernard Ebbers, High Road's offer will expire June 29. They withdrew a bid of $8.25 a share on May 22.

Comment On This Story

Name:  
Email:  
Comment: (Maximum 2000 characters)  
Leave this field empty:
* Please note that every comment is moderated.

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.

GotQuestions?

Lubricants

The expert, Mark Betner from CITGO, will answer your questions

View All

GotQuestions?

Suspension

The expert, Rence Oliphant from Hendrickson, will answer your questions

View All