RRTS - Roadrunner Transportation Systems: What To Expect After The Rights Offering
Roadrunner Transportation Systems, Inc. (RRTS) is a transportation and logistics services company with a recent history of accounting scandals, tons of bad debt and operational losses, among other issues. Current management is trying to get the company on rails again by refocusing on three lines: efficient integration of its bad acquisitions into former operations, lowering operating costs, and improving its capital structure. The most relevant is the change in capital structure, which management is carrying out through a rights offering to be issued to current common shareholders to buy more shares and repay