Shareholders of Echo Global Logistics (NASDAQ: ECHO), a leading Chicago-based third-party logistics provider, will gather Friday for an extraordinary meeting to vote on the 3PL’s acquisition by private equity firm The Jordan Company for $48.25 per share.
Echo’s management team is proud of the deal they struck with Jordan — $48.25/share represented a premium in excess of 50% of the company’s stock price when the deal was announced — and considers it a win for shareholders. But more than the...
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