Saia completes acquisition of 28 Yellow freight terminals for $243.6M cash

SAIA INC

Acquired 17 owned terminals from Yellow for $235.7M cash, closing Jan 17, 2024.
Also acquired 11 leased terminals for $7.9M cash plus assumption of liabilities.
Transactions under Sections 363/365 of Bankruptcy Code, approved by Delaware court.
Terminals span 18 markets including Fresno, Augusta, Grand Rapids, and Laredo.

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