Stock Titan Deals and strategy
Proficient Auto Logistics (NASDAQ: PAL) raises $75M notes and closes H&A deal
Proficient Auto Logistics (NASDAQ: PAL) successfully raised $75 million through an offering of 5.500% convertible senior notes due 2033 and completed its acquisition of Hansen & Adkins Auto Transport for approximately $130 million. This acquisition positions Proficient Auto Logistics as the largest auto hauler in North America, with expectations to transport over four million vehicles annually. The company …