09:51 AM EST - Mullen Group Ltd. : Has entered into a letter of intent to acquire Mississauga based APPS Transport Group Inc. and the businesses: APPS Cartage Inc. and APPS Cargo Terminals Inc. The LOI contemplates standard due diligence and the execution of a purchase and sale agreement both of which have been initiated. The transaction is scheduled to close on June 1 , subject to regulatory approval. Mullen Group Ltd.
shares T.MTL are trading up $0.51 at $11.43.
