Plus   Neg

Student Transportation (STB) Is Surging After Bought By Investor Group

Student Transportation Inc. (STB) announced after the bell Tuesday that it has agreed to be acquired by a group of investors, led by Caisse de dépôt et placement du Québec, for $7.50 per share in cash.

Student Transportation has gapped open sharply higher Wednesday morning and is now up 1.49 at $7.50 on the highest volume of the year. The stock has leaped to a new high for the year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus
Follow RTT