Patriot Transportation and United Petroleum Transports to Combine
Patriot Transportation Shareholders to Receive $16.26 per Share in CashJACKSONVILLE, FL / ACCESSWIRE / November 1, 2023 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) ("Patriot" or the "Company"), today announced an agreement under which United Petroleum Transports, Inc. ("UPT") will acquire all of the outstanding shares of Patriot common stock for $16.26 per share in cash. The transaction values Patriot Transportation at approximately...
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