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Con-Way Inc. Shareholder Alert: Rigrodsky & Long, P.a. Announces Investigation Of Buyout
2015-09-15 04:12:56| Trucking - Topix.net
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Con-way Inc. regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by XPO Logistics, Inc. , in a transaction valued at approximately $3.0 billion. Under the terms of the agreement, shareholders of Con-way will receive $47.60 per share in cash for each share of Con-way they own.
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Con-way Cut to Hold at Stifel Nicolaus
2015-09-15 00:06:13| Trucking - Topix.net
Other equities analysts have also issued reports about the company. TheStreet upgraded Con-way from a "hold" rating to a "buy" rating in a research report on Tuesday, September 8th.
Ryan & Maniskas, LLP Announces Investigation of Con-Way Inc.
2015-09-11 17:25:20| Trucking - Topix.net
You may also email Mr. Maniskas at Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Con-Way for not acting in the Company's shareholders' best interests in connection with the sale process. Ryan & Maniskas, LLP is a national shareholder litigation firm.
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Weekly Research Analysts' Ratings Updates for Con-way
2015-09-11 15:09:38| Trucking - Topix.net
Several brokerages have updated their recommendations and price targets on shares of Con-way in the last few weeks: 9/10/2015 - Con-way had its price target raised by analysts at Susquehanna from $43.00 to $48.00. They now have a "neutral" rating on the stock.
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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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