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2007-09-05: Menlo Worldwide Closes Acquisition of Cougar Holdings Pte Ltd - Quick Facts

Menlo Worldwide LLC, the global logistics subsidiary of Con-way Inc. (CNW) announced it had completed the acquisition of Cougar Holdings Pte Ltd. Menlo acquired Cougar Holdings and its primary subsidiary, Cougar Express Logistics, for US$33.9 million. The acquisition is expected to be accretive to Menlo's earnings starting in the 2007 fourth quarter.