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Knight Sells Some of Its USA Truck Shares

2015-06-24 00:08:35| Trucking - Topix.net

Knight Transportation Inc. sold 119,419 shares of USA Truck Inc. stock in recent weeks, lowering its stake in the smaller truckload carrier to 6.8% and capitalizing on a sharp rise in the share price. Knight, based in Phoenix, which disclosed the share sale in a Securities and Exchange Commission filing, bought 12.4% of USA Truck shares in 2013 in an acquisition bid that was rebuffed.

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