RXO shares soar as C.H. Robinson announces $5.8B cash and stock buyout

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RXO shares soar as C.H. Robinson announces $5.8B cash and stock buyout

AI Summary

C.H. Robinson announced a $5.8 billion cash-and-stock acquisition of RXO, prompting RXO shares to surge. The transaction would combine two logistics companies, though the title gives no further terms or regulatory details.

Markets Deals Shipping RXO C.H. Robinson acquisition logistics cash-and-stock deal share price

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