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CH Robinson to buy RXO for $5.8 billion in trucking brokerage expansion
Source: proactiveinvestors.com
M&A & RestructuringTransportation & LogisticsCompany Fundamentals
C.H. Robinson agreed to acquire RXO in a stock-and-cash deal valued at $5.8 billion. The acquisition is intended to strengthen C.H. Robinson’s position in North American truck brokerage.
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mildly positive
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CHRW0.60
RXO0.40
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