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Knight: Disappointed by USA Truck's rejection, raised stake to 11%

2013-09-30 15:36:29| Trucking - Topix.net

Knight Transportation Inc. reiterated Monday that it's disappointed in Van Buren-based USA Truck Inc.'s rejection of a $242 million buyout proposal that Knight made public last week and said it has increased its stake in USA Truck to 11.3 percent of the trucker's outstanding shares.

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