Arkansas Best Corporation Closes on Acquisition of Premium Logistics Company Panther Expedited Services, Inc.

Arkansas Best Corporation (ABFS), a leading provider of freight transportation and logistics solutions, today announced it closed on the previously announced purchase of Panther Expedited Services, Inc. (“Panther”), from Fenway Partners LLC, for approximately $180 million, adding that all of Panther’s outstanding debt has been repaid. The $100 million term…