Brief: Schneider’S Dedicated Momentum Continues To Build With Latest Acquisition Of Cowan Systems, Llc

Schneider National

25/11/2024 16:02

Nov 25 (Reuters) - Schneider National Inc  SNDR.N :
    * SCHNEIDER’S DEDICATED MOMENTUM CONTINUES TO BUILD WITH
LATEST
ACQUISITION OF COWAN SYSTEMS, LLC
    * SCHNEIDER NATIONAL: PROPOSED DEAL FOR CASH PURCHASE PRICE
OF
ABOUT $390 MILLION
    * SCHNEIDER NATIONAL: ACQUISITION EXPECTED TO BE ACCRETIVE
TO CO'S
EPS WITHIN FIRST YEAR, BEFORE CONSIDERATION OF ANTICIPATED
SYNERGIES
    * SCHNEIDER NATIONAL: DEAL TO BE FINANCED THROUGH EXISTING
CASH ON
HAND & BORROWINGS UNDER CO'S NEW $400 MILLION DELAYED DRAW TERM
CREDIT FACILITY

Source text:  ID:nBw3grkJva 
Further company coverage:  SNDR.N 

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