hennessy capital acquisition
Transactions by HENNESSY CAPITAL ACQUISITION (HCAC) in the last 6 months
Hennessy Capital Acquisition Corp. (NasdaqCM:HCAC) entered into a non-binding letter of intent to acquire School Bus Holdings Inc. ("SBH") from The Traxis Group B.V. for approximately $260 million on July 6, 2014. Under the terms of the LOI, Hennessy Capital would pay $115 million in cash and $140 million in common stock. If the cash available to pay Traxis Group is less than $115 million but at least $100 million, additional shares of Hennessy Capital common stock would ...
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