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Ann Arbor-based Fortune 500 company Con-way to be sold as part of $3B deal

2015-09-11 08:45:12| Trucking - Topix.net

Ann Arbor-based shipping company Con-Way is expected to be sold next month to XPO Logistics for $3 billion. was listed at $35.53 per share, but had jumped to over $47 by 10 a.m. "This landmark transaction provides immediate cash value for our shareholders and reflects the outstanding contributions of our employees over our 86-year history," said Con-way president and CEO Douglas Stotlar in the release.

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