Brief: Saia Inc Agrees To Acquire 17 Yellow Corporation Terminals In Chapter 11 Bankruptcy Sale
05/12/2023 13:15
Dec 5 (Reuters) - Saia Inc SAIA.O :
* SAIA, INC. AGREES TO ACQUIRE 17 YELLOW CORPORATION
TERMINALS IN
CHAPTER 11 BANKRUPTCY SALE
* SAIA INC- CLOSING OF TRANSACTION IS EXPECTED IN Q1 OF 2024
* SAIA INC - PROPOSED DEAL FOR $235.7 MILLION
* SAIA INC - INTENDS TO PAY PURCHASE PRICE WITH A
COMBINATION OF
CASH ON HAND AND AVAILABILITY UNDER ITS CREDIT FACILITIES
Source text for Eikon: ID:nGNX6vx7P1
Further company coverage: SAIA.O
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