David George

David George

Blue Bird Tender Offer to Buy up to $50 Million of its Capital Stock at $28

FORT VALLEY, Ga. — Blue Bird Corp. (NASDAQ: BLBD) announced today that it is commencing a tender offer to purchase up to $50 million in aggregate value of shares of its (i) common stock at a price of $28.00 per share, and (ii) 7.625% Series A Convertible Cumulative Preferred Stock, at a price of $241.69 per share, which is equal to the common stock offer price multiplied by 8.6318.

U.S. is Now the No. 1 Crude Oil Producer in the World

It’s official: The U.S. is now the top global producer of crude oil for the first time since 1973, according to preliminary estimates released by the U.S. Energy Department. This is good news for future diesel fuel prices nationwide.

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