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Business

TOM HICKS LIKES TRUCKS

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Hicks Holdings has agreed to pay $730 mil for a 15 to 20 percent stake in Dallas-based Greatwide, a trucking and warehouse company. Hicks Holdings is buying the stake from NY’s Fenway Partners, the majority owner. Fenway recently agreed to buy Coach America, which operates a lot of buses.

So basically they’re trading trucks for buses.

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