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.
Severance Trucking Inc. : PRIVATE
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