Daily News: February 14, 2014

Reuters: Oak Hill Hires JPMorgan to Facilitate Jacobson Sale

Reuters reported private equity firm Oak Hill Capital Partners hired JPMorgan Chase to explore a sale of logistics provider Jacobson Companies in hopes of fetching as much as $700 million, according to Reuters sources.

An auction for Jacobson is expected to start in the next few weeks, the people said this week, Reuters said further.

To read the entire Reuters article, click here.