RXO completes $1.025B acquisition of Coyote Logistics from UPS

RXO, Inc.

Closed on Sept 16, 2024; purchase price of $1.025 billion in cash.
Now the third-largest provider of brokered transportation in North America.
Acquisition enhances market position, diversifies customer base, expands carrier network.
Historical audited financial statements of acquired business and pro forma combined information filed.
Amendment to Purchase Agreement added UPS Europe SRL as an additional seller.

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