Arkansas Best buys Panther Expedited for $180M Arkansas Best has closed on its $180 million acquisition of Panther Expedited Services, which will become a sister company to AB's largest subsidiary, ABF Freight System. The Arkansas transportation holding company announced the purchase June 15 of the Ohio-based company that described itself as "North America's
largest independent expedited transportation provider." Arkansas Best bought Panther,
which leases 1,007 owner-operators, from the private equity firm Fenway Partners. The purchases price includes repayment of Panther's outstanding debt of $100 million.
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