Brief: Saia Inc Agrees To Acquire 17 Yellow Corporation Terminals In Chapter 11 Bankruptcy Sale

Yellow

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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