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Miller Industries Inc V.MLR


Primary Symbol: MLR

Industrials
Miller Industries, Inc. is a manufacturer of towing and recovery equipment. The Company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to its customers. Its products are marketed and sold through a network of distributors that serve all 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. In addition to selling its products, its independent distributors provide end-users with parts and service. Its product line includes car carriers, wreckers, and transport trailers. Car carriers are specialized flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Its multi-vehicle transport trailers are specialized auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. Its brands include Century, Vulcan, Chevron, Holmes, and Challenger.


NYSE:MLR - Post by User

Miller Industries Inc
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Comment by paljoeyon May 21, 2012 12:59pm
122 Views
Post# 19931046

Pala as majority owner

Pala as majority owner

Here is a quick link to the benefits of mergers and acquisitions...

https://www.referenceforbusiness.com/small/Mail-Op/Mergers-and-Acquisitions.html

Pala owns about 41 % of MLR's shares.

It is a major investor in junior resource companies both public and private.

Its not unlikely that Pala will control this process as well as fund any capital requirements.

A merger is probably the most efficient way to proceed.

This would enable MLR shareholders to continue to participate in the growth of the combined NewCo.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities