NORTHWEST RESEARCH, INC. ACQUIRED BY FEDEX CORPORATION IN A STRATEGIC COMMERCIAL ACQUISITION



Durham Jones & Pinegar shareholder Kelly Nash announced that on October 13, 2017, Northwest Research, Inc. (“NWR”), one of the firm’s esteemed clients and a large employer in Utah (as well as in Tennessee and Canada), was acquired by FedEx Corporation in a strategic commercial acquisition.    See 10/18/17 FedEx, 10/19/17 Transport Intelligence, 10/23/17 Logistics Management and 10/24/17 Multichannel Merchant Press Releases.  Mr. Nash thanked DJP shareholders Chris Anderson (Corporate M&A), McKay Johnson (Tax) and Brick Power (IP) for their significant contributions during the negotiations, due diligence and closing of the transaction.  Chairman and CEO of NWR, Jon Asay, stated, “NWR is very pleased and I wish to personally thank Mr. Nash and the DJP legal team for their excellent service in assisting NWR realize an 18 year dream.”


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