UPDATE: TIL Logistics director Kern steps down and sells out

Thu, 18 Apr 2019

(Updates and recasts on Kern exit) By Paul McBeth April 18 (BusinessDesk) - TIL Logistics director Greg Kern has resigned from the board effectively immediately and sold his remaining 5.2 percent stake. Trading in the shares was halted ahead of the announcement after the stock dropped 6.5 percent on an unusually large volume of 4.5 million shares. That was largely made up of five trades at $1.20 a share, a discount to the on-market bid and ask prices and the $1.53 price TIL closed at yesterday. Trading resumed and the shares were...

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