Stocks in play: Mullen Group Ltd.
Has entered into a letter of intent to acquire Mississauga based APPS Transport Group Inc. and the businesses: APPS Cartage Inc. and APPS Cargo Terminals Inc. The LOI contemplates standard due diligence and the execution of a purchase and sale agreement both of which have been initiated. The transaction is scheduled to close on June 1 , subject to regulatory approval. Mullen Group Ltd. shares T.MTL are trading up $0.51 at $11.43.
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