XPO Logistics acquires Con-Way!

not at $47.60/share.......I guess that's why there is an investigation getting started

 

Cat, this time you got it.

 

When it was announced conway stock was at $35 so how is that a lowball offer?

 

XPO will have very little cash left as they already spend billions earlier in the year when they bought one off Europe's biggest trucking /logistics outfit.
Google "norbert dentressangle "

 

It's 52 week high was $52.54 literally a year ago. Last time it was at $50 was January and it's been in a gradual decline ever since. Then after the purchase was announced it jumped from $35 to $47 in one day.

 

XPO has some very wealthy investment groups / funds as strategic partners so $ will not be a problem for them

 

The new face of trucking: Mr. Bradley Jacobs

 

Xpo has chase banking financial backing them for another 1.3 billion if they want it but stock analysts don't like xpo. They lost 100 mill last year and thief growth is from buying companies

 

Don't see Jacobs name mentioned here:
"In 1871, Harm Huizenga, a Dutch immigrant, began hauling garbage at $1.25/wagon in Chicago. In 1968, Wayne Huizenga, Dean Buntrock, and Larry Beck founded Waste Management, Inc"