C.H. Robinson Announces Acquisition of RXO for $5.8 Billion
CHRW C.H. Robinson Worldwide Inc
$140.61 -10.85%
View chart & analysis → 
- 1C.H. Robinson will acquire RXO for $5.8 billion, including debt.
- 2C.H. Robinson shares fell 12.7% as of 1:37 p.m. ET.
- 3RXO shares rose 21.9% as of 1:37 p.m. ET.
So what's the key point?
C.H. Robinson has decided to buy RXO for $5.8 billion. Following this news, C.H. Robinson's stock price decreased and RXO's stock price increased.
Source The Motley Fool +1 · View original ↗
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