C.H. Robinson seeks to acquire RXO for $5.8 billion
RXO RXO Inc
$29.08 +0.52%
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- 1C.H. Robinson is pursuing an acquisition of RXO valued at $5.8 billion.
- 2The enterprise value multiple for RXO was set at approximately 42x EBITDA.
- 3If the merger fails, both parties will incur a $185 million termination fee.
So what's the key point?
C.H. Robinson is looking to buy RXO for $5.8 billion. If this deal falls through, both sides will have to pay a large breakup fee.
Source FreightWaves · View original ↗
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