ATLANTA, Nov. 8, 2016 /PRNewswire/ -- Jack Cooper Enterprises, Inc. (the "Company") announced today that it has amended (the "Amendment") its unregistered offer to exchange (the "Exchange Offer") up to $80,450,000 of its 10.50%/11.25% Senior PIK Toggle Notes due 2019 (the "Existing Notes") for (i) cash and (ii) warrants to purchase shares of Class B Common Stock of the Company, par value $0.0001 per share (the "Class B Common Stock"), that are each exercisable for one share of Class B Common Stock (the "Exchange Warrants"). The Company also announced today that the quarterly report of Jack Cooper Holdings Corp., its wholly-owned subsidiary ("JCHC"), for the period ended September 30, 2016 is available to its investors via its password-protected investor website. Prior to the Amendment, the Exchange Offer Documents (as defined below) contemplated that the Existing Notes could only be tendered in the Exchange Offer in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof, and also that, in the event of proration, validly tendered Existing Notes will be determined by multiplying the principal amount of each Eligible Holder's (as defined below) tender by the proration factor, and rounding the product down to the nearest integral multiple of $1,000 (the "Proration Multiple"). Pursuant to the Amendment, under the terms of the Exchange Offer as amended, Eligible Holders may now tender their Existing Notes in minimum denominations of $2,000 and increments of $1.00 in excess thereof. In addition, in the event of proration, the Proration Multiple will be $1.00. Each reference in the confidential offering memorandum, dated November 1, 2016 (the "Offering Memorandum"), and related letter of transmittal (collectively with the Offering Memorandum, the "Exchange Offer Documents") to a requirement that Existing Notes be tendered in multiples of $1,000 in order to be accepted for payment is hereby amended pursuant to the Amendment, to state that Existing Notes tendered in an amount not less than $2,000 and in any multiple of $1.00 in excess thereof may be accepted for payment. The Exchange Offer Documents are also hereby amended to state that the Proration Multiple is $1.00. The Company reserves the right, subject to applicable law, in its sole discretion, to waive or further amend any of the conditions of the Exchange Offer, subject to certain exceptions, at any time and from time to time, as described in the Offering Memorandum. The Company also reserves the right, subject to applicable law, to terminate, withdraw, amend or extend the Exchange Offer at any time and from time to time, as described in the Offering Memorandum.