This Logistics Stock Is Soaring More Than 20% — Here’s the $5.8 Billion Reason
RXO stock surges 23% as C.H. Robinson buys the firm for $5.8B ($30.25/share). Deal creates a $25B freight giant.
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Why It Matters
A big freight company bought RXO for $5.8 billion. This means the two companies will work together to move more stuff.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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