If you wish to challenge the offer to buy USA Truck, contact email@example.com
Liberate Technologies Inc., which makes software for television set-top boxes, offered to buy USA Truck Inc. for $240.4 million in cash and said the company should be taken private.
Liberate is offering $21 a share, or 22 percent more than USA Truck's closing price today, San Mateo, California-based Liberate said in a statement sent by PR Newswire. USA Truck, a Van Buren, Arkansas-based trucking company, should be taken private because of costs associated with compliance with regulators, Liberate President Philip Vachon said in a letter to USA Truck President Jerry Orler. Liberate Chief Financial Officer Greg Wood didn't immediately return a telephone message to his office after business hours.
USA Truck's shares rose 20 cents, or 1.2 percent, to $17.15 in Nasdaq Stock Market composite trading today. The stock has dropped 41 percent this year. Liberate's shares were unchanged at 10 cents on Sept. 21, the most recent day shares traded.
can anybody tell me when usa truck will be going broke. with the high fuel prices, upper management that doesn't know what they are doing, their shops cant repair anything right the first time, to cheap to pay a dividen on their stock. i would think that their days are numbered.
the upper crust are more interested in padding their shares of company stock in their port follio, than they are of making the company making a profit. what money they do make, winds up in their free stock account. go check it out. its their in black & white. but it doesnt show up in the annual report. is this cooking the books or what?
where else is the vice presidents and the president going to get a free ride. they give them selves bonus's for not making a profit. its a good deal if are with the inside boys. they arent going to cut their throat. they are to stupid to go to work anything else. they might qualify to pick up garbage, and thats about, they damm sure dont how to drive a truck
who in hell would want to buy usa truck for in the 1st place. they have nothing to offer thats worth a damm. they have run off most of the people they had , that new how to operate. looks like they want office personnell to be like their drivers. "ROOKIES". there is no way you can show a profit if you are spending all your time training somebody to do a jobn.. i forgot they are a training company. by the time you paid the debt down, the only thing you have left is nothing