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Conway bought out by XPO

Discussion in 'LTL and Local Delivery Trucking Forum' started by Apd, Sep 9, 2015.

Page 13 of 20
  1. Oct 3, 2015 #121
    WOODY001

    WOODY001 Bobtail Member

    1
    0
    Oct 3, 2015
    0
     
    WOODY001, Oct 3, 2015
    WOODY001, Oct 3, 2015
    #121
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  3. Oct 18, 2015 #122
    the05boss

    the05boss Bobtail Member

    12
    1
    Jul 3, 2013
    0
    The deal is not final yet, XPO seems to be having some other legal issues that could halt this whole thing.
     
    the05boss, Oct 18, 2015
    the05boss, Oct 18, 2015
    #122
  4. Oct 18, 2015 #123
    FreightlinerGuy

    FreightlinerGuy Medium Load Member

    472
    225
    Apr 20, 2008
    Great Lakes, USA
    0
    It would be hilarious for the whole thing to be halted... But it also would suck because then we drivers wouldnt really know what the heck to do. There is a 4**,***,*** break up fee if it doesn't happen .
     
    FreightlinerGuy, Oct 18, 2015
    FreightlinerGuy, Oct 18, 2015
    #123
  5. Oct 18, 2015 #124
    upnorthwpg

    upnorthwpg Road Train Member

    1,788
    2,681
    Sep 23, 2011
    0
    Just regulatory. One issue with the Mexican gov't, one with the anti trust board.
     
    upnorthwpg, Oct 18, 2015
    upnorthwpg, Oct 18, 2015
    #124
  7. Oct 18, 2015 #125
    FreightlinerGuy

    FreightlinerGuy Medium Load Member

    472
    225
    Apr 20, 2008
    Great Lakes, USA
    0
    Any idea what it means that the tender offer extension expired Friday at midnight and hasn't been extended again?

    Whats next?
     
    FreightlinerGuy, Oct 18, 2015
    FreightlinerGuy, Oct 18, 2015
    #125
  8. Oct 18, 2015 #126
    Opus

    Opus Road Train Member

    19,803
    126,117
    Dec 18, 2011
    South GA
    0
    Opus, Oct 18, 2015
    Opus, Oct 18, 2015
    #126
  9. Oct 18, 2015 #127
    upnorthwpg

    upnorthwpg Road Train Member

    1,788
    2,681
    Sep 23, 2011
    0
    They received unsolicited offers from bottom feeders looking for a deal. They are not looking to sell, we will see if they hold to the promise they made to keep things the same for one year.
     
    upnorthwpg, Oct 18, 2015
    upnorthwpg, Oct 18, 2015
    #127
  10. Oct 18, 2015 #128
    upnorthwpg

    upnorthwpg Road Train Member

    1,788
    2,681
    Sep 23, 2011
    0
    They only got 66.2 percent of the stock on the first go. That's why the extension.
     
    upnorthwpg, Oct 18, 2015
    upnorthwpg, Oct 18, 2015
    #128
  11. Oct 18, 2015 #129
    radioshark

    radioshark Road Train Member

    4,575
    22,562
    Nov 19, 2012
    0
    I'm sure one them was cleadon who would fire all the drivers and let you reapply after dropping your health insurance
     
    radioshark, Oct 18, 2015
    radioshark, Oct 18, 2015
    #129
  12. Oct 18, 2015 #130
    Opus

    Opus Road Train Member

    19,803
    126,117
    Dec 18, 2011
    South GA
    0
    Oh sure......I mean why would they lie?
     
    Opus, Oct 18, 2015
    Opus, Oct 18, 2015
    #130
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