Con-way bought by XPO Logistics for $3 billion, will be rebranded as XPO

September 15, 2015

XPO Logistics is set to acquire Con-way Inc., one of the country’s largest trucking companies, XPO announced Wednesday.  The $3 billion deal has been agreed to under terms that XPO will launch a tender offer for all of Con-way’s outstanding shares at a cash price of $47.60 per share.

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