Transportation M&A » By The Online Investor Staff, updated Tue., Apr. 13, 9:21 AM
Recent mergers and acquisitions in the Transportation M&A category.
| This Slide: #17 of 82 |
Slide #17. XPO Logistics — NLM
Acquirer:
XPO Logistics (NYSE:XPO)
Acquiree:
NLM
Details:
XPO Logistics, Inc. (NYSE:XPO) ("XPO" or the "company") today announced that it has completed its previously announced acquisition of NLM from Landstar System, Inc. The company funded the $87 million cash transaction through its ABL facility and available cash, including approximately $13.4 million of cash acquired on closing. A second technology product, A3i, was included in the transaction.
XPO Logistics is a global provider of supply chain solutions to various companies. Co. has two reporting segments: Transportation and Logistics. Co.'s Transportation segment facilitates the movement of raw materials, parts and finished goods. Co.'s transportation services include less-than-truckload, truck brokerage and other transportation services. Co.'s Logistics segment provides a range of services including warehousing and distribution, order fulfillment and personalization, cold-chain logistics, packaging and labeling, aftermarket support, inventory management and supply chain optimization.
XPO SEC Filing Email Alerts Service
Open the XPO Page at The Online Investor »
|
||||||||||||||||||||||||
Open the XPO Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
 
|
Strong Buy (3.56 out of 4) 60th percentile
(ranked higher than approx. 60% of all stocks covered)
Analysts' Target Price: XPO Stock Forecast Based on Zacks ABR data; powered by Xignite |
