J.B. Hunt to draw on revolver for Cory 1st Choice purchase

By Sara Rosenberg

New York, Jan. 9 – J.B. Hunt Transport Services Inc. will use its existing revolving credit facility to fund the $100 million acquisition of Cory 1st Choice Home Delivery, according to a news release.

J.B. Hunt is a Lowell, Ark.-based provider of supply chain solutions for a variety of customers. Cory is a Secaucus, N.J.-based provider of home delivery services of big and bulky products.

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