American Securities to Acquire 57% of Blue Bird Corporation from Cerberus

May 27, 2016, BLBD OTC Disclosure & News Service Blue Bird Corporation (Nasdaq: BLBD), the leading independent designer and manufacturer of school buses, announced today that an affiliate of American Securities LLC has agreed to purchase from Traxis Group B.V (Traxis), an affiliate of Cerberus Capital Management, L.P. (Cerberus), its entire equity stake in Blue Bird, which equals 12 million shares of common stock or approximately 57% of Blue Bird’s outstanding shares of common stock. Following the completion of The post American Securities to Acquire 57% of Blue Bird Corporation from Cerberus appeared first on Public Wire.
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