When Allied Holdings Inc. anted up $114.5 million in cash for rival Ryder Automotive Carrier Services Inc. and Ryder Carrier Management Corp., the family-owned, No.2 new vehicle hauler vaulted overnight to No.1. The deal closed in late 1997, and the resulting $1 billion company has combined 20 terminals, closed the former Ryder corporate offices in Detroit and completed the conversion to a single computer system, says A. Mitchell Poole Jr., president and chief operating officer for the ...
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