RXO receives HSR clearance for $1.025B acquisition of UPS brokerage business; closing expected by end of 2024

RXO, Inc.

HSR waiting period expired Aug 1, 2024, clearing key antitrust hurdle for the acquisition.
Deal valued at $1.025B cash for UPS's tech-driven truckload brokerage and UK haulage assets.
Closing remains subject to customary conditions; RXO expects transaction to close by end of 2024.

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