C.H. Robinson Agrees to Acquire RXO for $5.8 Billion
CHRW C.H. Robinson Worldwide Inc
$135.05 -3.95%
View chart & analysis → - 1C.H. Robinson Worldwide has agreed to acquire RXO.
- 2The acquisition price for RXO is $30.25 per share in cash and stock, representing an implied transaction value of $5.8 billion for C.H. Robinson.
- 3RXO shares rose 22% on Monday.
So what's the key point?
C.H. Robinson has decided to purchase RXO for $5.8 billion. Following this news, RXO's stock price rose by 22%.
Source TIKR · View original ↗
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