Mergers & Acquisitions

By The Online Investor Staff, updated Sun., Jan. 29, 4:25 PM

This Slide: #83 of 100

Slide #83. Transportation and Logistics Systems, Inc. — Severance Trucking Inc.

Acquirer:	Transportation and Logistics Systems, Inc. (TLSS)
Acquiree:	Severance Trucking Inc.
Details:	Transportation and Logistics Systems, Inc. (OTC PINK:TLSS), ("TLSS", or the "Company"), a growing logistics service provider, today announced that on January 4, 2023, through its wholly-owned subsidiary, TLSS Acquisition, Inc., the Company entered into a stock purchase agreement ("SPA") to acquire 100% of the outstanding stock of Severance Trucking Inc. and related companies ("Severance"), a Massachusetts based trucking business offering an array of transportation services throughout New England, upstate New York and Canada.

Transportation and Logistics Systems, Inc. : TLSS
Severance Trucking Inc. : PRIVATE

« Back to slide 82

Continue to slide 84 »

Open the LIVE Page at The Online Investor (in a new window) »

LIVE — Current Quote

Quotes delayed 20 minutes

Free LIVE Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Avg. Broker Rec.

Strong Buy (4.00 out of 4)
86th percentile

(ranked higher than approx. 86% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Mergers & Acquisitions Page | www.TheOnlineInvestor.com

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.