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Radiant Logistics announces plans to conduct public sale of its shares
Bookrunners Cowen and BB&T Capital Markets will assist with offering
By Devika Patel
Knoxville, Tenn., July 15 – Radiant Logistics, Inc. will price a public offering of common stock with a 30-day greenshoe and a secondary sale, according to a preliminary prospectus supplement filed Wednesday with the Securities and Exchange Commission.
Cowen and Co. and BB&T Capital Markets are the bookrunning managers.
Proceeds will be used to repay debt under the company’s credit facility, for working capital and general corporate purposes.
Radiant is a Bellevue, Wash.-based non-asset-based transportation and logistics services company that provides domestic and international freight-forwarding services.
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