Radiant Logistics To Acquire Canada-Based Wheels Group Inc

canadaRadiant has agreed to purchase Wheels for CAD $0.77 per common share, payable in cash or by delivery of Radiant shares valued at USD $4.25 per share, for a total equity value of approximately CAD $69 million. With Wheels debt expected to be refinanced, the transaction is expected to have an estimated total enterprise value of CAD $95 million.

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