RRTS Announces Closing of Sale of an Additional 403,286 Shares of Common Stock
Cudahy, WI -- June 4, 2010 -- Roadrunner Transportation Systems, Inc. (NYSE: RRTS), a leading non-asset based transportation and logistics services provider, today announced the closing of the sale of an additional 403,286 shares of its common stock at a price of $14.00 per share. The sale is a result of the partial exercise of the over-allotment option to purchase additional shares granted to the underwriters in Roadrunner's initial public offering of 10,600,644 shares of its common stock, which closed on May 18, 2010. As previously announced, Roadrunner will use the proceeds from the offering to repay indebtedness.
Robert W. Baird & Co. Incorporated acted as the bookrunner for the offering and BB&T Capital Markets and Stifel, Nicolaus & Company, Incorporated served as co-lead managers. Copies of the final prospectus relating to the offering may be obtained by visiting the U.S. Securities and Exchange Commission web site at