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Centerbridge investment group buys Cardinal Logistics

Tuesday, August 07, 2012

Privately held Cardinal Logistics Management said Monday it has been acquired for an undisclosed amount by private equity firm Centerbridge Partners L.P., which also is the primary owner of Greatwide Logistics Services. Cardinal is a 15-year-old company based in Concord, N.C., that began as a domestic, dedicated contract trucking company delivering products to stores, dealers and branch locations. It now offers bulk transport, carrier selection and load planning services, flee...

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