Con-way, a freight transportation and logistics company, has completed with General Motors Corporation the valuation of their logistics joint venture, Vector SCM, establishing a fair value for Vector of $96.4 million.
On June 23, 2006, GM notified Con-way of its intent to exercise its call right under the Vector agreements. The call right entitled GM to purchase from Con-way the membership interest in Vector held by Menlo Worldwide, Con-way's global contract logistics subsidiary.
Con-way, General Motors agree Vector valuation - Automotive Business Review
On June 23, 2006, GM notified Con-way of its intent to exercise its call right under the Vector agreements. The call right entitled GM to purchase from Con-way the membership interest in Vector held by Menlo Worldwide, Con-way's global contract logistics subsidiary.
Con-way, General Motors agree Vector valuation - Automotive Business Review
