By: Benzinga
XPO Logistics Acquires East Coast Air Charter for $9.25M
XPO Logistics (NYSE: XPO ) today announced that it has acquired the operating assets of East Coast Air Charter, Inc. (ECAC), a non-asset, third party logistics business specializing in expedited air charter brokerage, with 2012 revenues of approximately $43 million. The cash purchase price was $9.25 million with no
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