Quality Distribution Acquiring Dunn's Tank Service for $3.6M
Quality Distribution, Inc. ("Quality" or the "Company") (Nasdaq: QLTY) today announced that certain of its wholly-owned subsidiaries have purchased the operating assets of Dunn's Tank Service, Inc. ("Dunn's") and the operating assets and rights of Nassau Disposal, Inc. ("Nassau"), for an aggregate cash purchase price of $34.3 million. An additional $3.6 million in cash consideration may be payable if certain future operating and financial performance criteria are satisfied. Headquartered in Velma, OK, Dunn's provides transportation services to the
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