Dynamex Gets Acquired by Affiliates of Greenbriar Equity Group

Dynamex Inc. (DDMX) just announced that it has accepted an increased offer to be acquired by an affiliate of Greenbriar Equity Group LLC for a price of $24.00 per share, or approximately $237.8 million.

Dynamex said in a press release that the PPS offered by Greenbriar “matched the price per share included in a modified proposal that the company had received from the “excluded party” referred to in the press release issued by the Company on November 23, 2010.”

DDMX share action: Up 40 cents, or 1.68 percent, to $24.18 with about 45 min left in pit trade.

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