February 2, 2018 / 4:57 PM / in 11 hours

BRIEF-Universal Logistics Holdings Acquires Fore Transportation For $34.9 Million

Reuters Staff

1 Min Read

Feb 2 (Reuters) - Universal Logistics Holdings Inc:

* UNIVERSAL LOGISTICS HOLDINGS, INC. ACQUIRES FORE TRANSPORTATION, INC.

* UNIVERSAL LOGISTICS HOLDINGS INC - DEAL FOR PURCHASE PRICE WAS $34.9 MILLION

* UNIVERSAL LOGISTICS HOLDINGS INC - ‍UNIVERSAL EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE

* UNIVERSAL LOGISTICS - TO FUND ACQUISITION, CO USED AVAILABLE CASH, BORROWED ABOUT $31.3 MILLION USING MARGIN CREDIT FACILITY, AMONG OTHERS Source text for Eikon: Further company coverage:

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