Wheels Group investors OK mezz-backed purchase by Radiant Logistics
Holders of shares of Wheels Group Inc (TSXV: WGI) have approved the company's previously announced acquisition by Radiant Logistics Inc (NYSE MKT: RLGT). The cash and stock deal, which is valued at $95 million, will be financed partly by subordinated debt provided by Alcentra Capital Corp and Triangle Capital Corp, and a senior loan provided by an affiliate of Integrated Asset Management Corp. Wheels Group is a third party logistics provider based in Mississauga, Ontario.
26 March 2015•3 mins read
