Feb 3 (Reuters) - Roadrunner Transportation Systems Inc:
* Announces acquisition of Morgan Southern
* Deal for about $20 million in cash
* Says acquisition was financed with borrowings under RRTS' existing credit
facility.
* Says expects the Morgan Southern acquisition to be accretive to net
earnings in 2011 and beyond
* Says during 2010, Morgan Southern generated about $57 million in
revenue
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces acquisition of Morgan Southern
* Deal for about $20 million in cash
* Says acquisition was financed with borrowings under RRTS' existing credit
facility.
* Says expects the Morgan Southern acquisition to be accretive to net
earnings in 2011 and beyond
* Says during 2010, Morgan Southern generated about $57 million in
revenue
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.