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Posted On: 04/16/2014 3:52:12 PM
Post# of 273309
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Posted By: Stock_Tracker
Frontier Oilfield Services Inc (FOSI) 0.5000 $FOSI

Frontier Oilfield Services, Inc. Acquires Saltwater Disposal System
GlobeNewswire - Tue Jan 22, 10:44AM CST
Frontier Oilfield Services, Inc. (OTCQB:FOSI) announces its execution of an Asset Purchase Agreement to acquire all of the assets and business operations of L & R Tank Trucks, Inc. and Stark and Stark Equipment, Inc. of Bowie, Texas for the sum of $ 10,300,000.00 subject to certain adjustments, at the time of closing, of L & R and Stark's indebtedness, seller's expenses and EBITDA adjustments.

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