Brief: XPO Approved To Acquire 28 Service Centers As Part Of Yellow’S Chapter 11 Bankruptcy

Yellow

12/12/2023 23:03

Dec 12 (Reuters) - XPO Inc  XPO.N :
    * XPO APPROVED TO ACQUIRE 28 SERVICE CENTERS AS PART OF
YELLOW’S
CHAPTER 11 BANKRUPTCY
    * XPO INC- WILL PURCHASE 26 SERVICE CENTERS AND ASSUME
EXISTING
LEASES FOR OTHER TWO LOCATIONS.
    * XPO INC- TRANSACTION IS EXPECTED TO CLOSE BY END OF 2023.
    * XPO INC: TRANSACTION IS EXPECTED TO CLOSE BY END OF 2023
    * XPO INC- US BANKRUPTCY COURT FOR DISTRICT OF DELAWARE
APPROVED
CO'S OFFER TO BUY 28 SERVICE CENTER LOCATIONS PREVIOUSLY
OPERATED BY YELLOW CORPORATION

Source text for Eikon:  ID:nGNX1sfpXy 
Further company coverage:  XPO.N 

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