Abx Holdings Signs Pact with California Investor

Summary


WILMINGTON -- ABX Holdings Inc., parent of the ABX Air cargo airline, said Thursday it has signed an agreement to share confidential information about ABX Holdings with California investment firm Red Mountain Capital Partners LLC.

Red Mountain, a Los Angeles-based investment firm that makes long- term investments in small private and public companies, said in a Securities and Exchange Commission filing that the firm owns 6.8 percent of the common stock of ABX Holdings. That amounts to 4.3 million of ABX's 62.7 million common shares outstanding.

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Abx Holdings Signs Pact with California Investor

Red Mountain said that while its agreement with ABX remains in ef...

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