Old Dominion nets $$47.9 million from stock sales
LTL carrier Old Dominion Freight Line said it earned $7.4 million from the recent sale of 355,000 shares of common stock through the exercise of certain options granted in connection with its common stock offering of more than 3.04 million shares. That gain is in addition to $40.5 million it gained in a stock sale earlier this month. Old Dominion added that it plans to use the $47.9 million it earned