Ya gotchyur load bar, ya gotchyur headache rack

Just a thought...if they just shelled out XX millions to purchase a majority of this other company, wouldn't it make sense to sell the stock so that others can repurchase it, thereby using other people's money to make the rest of the purchase? I'm no financial guru, just looking at other explanations.
I just can't see making the purchases and improvements that they've made if the know that something's up. They just built a new terminal in Dallas, a new terminal in Fontana, ordered 270 (?) new trucks, purchased another company....why would you spend all that money if you know you're gonna bail in the near future?
I'm not defending, just sayin....

 

The benefits of APU's are undeniable and just plain common sense. Knights solution is to set the truck so the top speed decreases the more you idle. Most mid-size fleets have them. Some large ones have them too. Knight doesn't care, you'll be gone in a month so sweat it out.

 

You don't understand, that's the COMPANIES money, the stocks is THEIR money.

Figure it out from there.

 

Isn't that essentially one and the same? The Knights own the company, so the company's money is their money in a nutshell. Right?

 

they might be majority owners but the company stock is traded publicly. They are jumping ship, it might be because their safestat scores are so stinking high!

 

No.

Knight has a board of directors and stockholders.