{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-074147","form_type":"8-K","ticker":"RXO","cik":"0001929561","company_name":"RXO, Inc.","filed_at":"2024-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.231142+00:00","generated_at":"2026-06-01T02:37:02.506071+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"RXO acquires UPS's Coyote Logistics for $1.025B to become #3 North American freight broker","bullets":["Purchase price $1.025B cash; deal expected to close by end of 2024, subject to HSR and customary conditions.","Acquired business 2023 revenue ~$3.2B, gross margin ~$470M, adjusted EBITDA ~$86M; annual cost synergies of at least $25M.","Financing: $550M equity from MFN Partners and Orbis Investments, plus $1.1B bridge loan from Goldman Sachs; leverage-neutral.","Transaction immediately accretive to adjusted diluted EPS and adjusted free cash flow; Q2 2024 EBITDA outlook reaffirmed at $24-30M.","UPS contract for brokered transportation extends through January 2030."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-074147","json":"https://secwatch.observer/filing/0001104659-24-074147.json","markdown":"https://secwatch.observer/filing/0001104659-24-074147.md","text":"https://secwatch.observer/filing/0001104659-24-074147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1929561/000110465924074147/0001104659-24-074147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1929561/000110465924074147/tm2417822d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T02:37:02.506071+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}