CHICAGO, June 1 /PRNewswire/ -- Borg-Warner Security Corporation
(NYSE: BOR) announced today that it has completed the sale of its Pony Express
Delivery Services to Mustang Holdings, Inc., an entity formed by Greenstreet
Capital, Inc. and Merit Capital Management, Inc., each based in Prairie
Village, Kansas.
Atlanta-based Pony Express Delivery Services, Inc. is the nation's largest
regional ground delivery service provider. Specializing in customized
same-day, next-day and expedited delivery services, Pony Express transports 23
million time-sensitive documents and packages annually. Serving 36 states
with 118 offices, 4,000 employees and 3,000 vehicles, Pony Express Delivery
Services, Inc. offers extensive coverage and flexibility to meet customer
needs.
Borg-Warner Security Corporation is North America's largest provider of
security services. The company offers a complete range of services, including
electronic and physical security services under the Wells Fargo and Burns
brand names.
For a copy of this press release or for additional information on the
company, contact our web site at http://www.Borg-WarnerSecurity.com or
http://www.prnewswire.com.
SOURCE Borg-Warner Security Corporation
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Related links:
http://www.Borg-WarnerSecurity.com
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 120940
CONTACT:
Jeff Cartwright, Analysts, 312-322-8836, or
Lynne Glovka, Media, 312-322-8511, both of Borg-Warner Security
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