AutoInfo sold; law firm investigates deal

Legal

Tuesday, March 05, 2013

Third party logistics services provider AutoInfo has been acquired by a subsidiary of Comvest Investment Partners for a 7 percent premium on the company’s Feb. 28 share price. AutoInfo’s board has approved the merger and is awaiting approval of its shareholders. The agreement is expected to close in the second quarter. “Comvest’s growth strategy is to acquire well managed companies that are leaders in their market and effectively oversee their performance,” Harry ...

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