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BRIEF-Roadrunner Transportation Systems announces preferred stock investment
May 2, 2017 / 11:27 AM / 5 months ago

BRIEF-Roadrunner Transportation Systems announces preferred stock investment

May 2 (Reuters) - Roadrunner Transportation Systems Inc :

* Roadrunner Transportation Systems announces preferred stock investment, credit facility refinancing plans and new executive management team

* Roadrunner Transportation Systems Inc - announced an about $540 million redeemable preferred stock investment from affiliates of Elliott Management

* Proceeds from investment were used to pay off and terminate company’s senior credit facility

* Roadrunner anticipates hiring a Chief Financial Officer in near future Source text for Eikon: Further company coverage:

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