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UPDATE 1-XPO Logistics to buy U.S. trucker Con-way in $3 bln deal

2015-09-10 10:05:06| Trucking - Topix.net

XPO Logistics Inc said it would buy trucking and logistics company Con-way Inc for $3 billion, including debt, making it the second largest provider of less-than-truckload services in North America. Con-way's shares jumped 33 percent to $47.20 in after market trading on Wednesday, just shy of XPO's offer of $47.60 per share in cash.

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Category:Transportation and Logistics

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