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BDP looks to raise additional capital

Monday, April 09, 2012

BDP International, a large Philadelphia-based logistics services company, is seeking additional funds for expansion, but said it is not looking to sell itself as one source quoted in a Reuters report alleged last week. “Let me state formally that BDP is not for sale,” said Arnie Bornstein, a BDP spokesman. “Our ownership and management team believe in the company’s future and is exploring opportunities with private investors to raise capital that will enab...

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