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ArcBest Announces Sale of FleetNet America

ArcBest® Announces Sale of FleetNet America® and Increased Share Repurchase Program Background Image

Vinson & Elkins advised ArcBest Corporation in its sale of its indirect wholly-owned subsidiary, FleetNet America, Inc., a provider of fleet maintenance and repair services, to Cox Automotive Mobility Solutions, Inc., a division of Cox Enterprises, Inc.

The Vinson & Elkins team was led by partner Michael Gibson and senior associate Sang Lee, with assistance from associate Tessa Krieger-Carlisle and Hannah Thai. Also advising were partner Alan Bogdanow; counsel Rajesh Patel and associate Alexa Chally; partner Sarah Mitchell and associate Victoria Bahrami-Negad; partners James Meyer, Brian Russell and associate Steve Campbell; partner Shane Tucker and senior associate Brian DeShannon; partner Sean Becker and associate Peter Goetschel; and partner Courtney Hammond.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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