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Daseke Inc DSKE

Daseke, Inc. is a transportation solutions specialist. The Company is engaged in servicing industrial end-markets through a fleet of more than 4,700 tractors and 9,600 flatbed and specialized trailers, and has operations throughout the United States, Canada, and Mexico. Its segments include Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment. The Specialized Solutions segment focuses on delivering transportation and logistics solutions that require the use of specialized trailering transportation equipment. The freight the Company regularly transports includes aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, heavy machinery, commercial glass, high-security cargo, and others. The Company also provides logistical planning and warehousing services to customers.


NDAQ:DSKE - Post by User

Comment by zadmanon Nov 12, 2019 3:52pm
45 Views
Post# 30341798

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Aveda Earn Out

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Aveda Earn OutI can't see how Daseke can dispute much.  The methodology of the calculation was clearly laid out as part of the deal.  I guess there could be some grey area regarding the business aveda sent to other Daseke subsidiaries (seems to me they were getting some credit for this) but certainly not to the point of not getting a payment period.  As for werklund, I guess you are correct that he could have sold all his shares prior to the declaration date but if he did, all those shares had buyers who were rolling the dice on the size of the payout.  I just don't think it's possible for them to back out of a legally binding agreement.  I was wrong however in thinking we would hear today.  Honestly, I don't know how an auditor signs off on this without this resolved.  
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