secwatch.observer — SEC 8-K summary
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Issuer:     SAIA INC (SAIA)
CIK:        0001177702
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0000950170-24-006482
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177702/000095017024006482/0000950170-24-006482-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177702/000095017024006482/saia-20240117.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-006482

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