Comment / M&A radar: XPO Logistics has one last lever to pull – the golden goose option

Having floated the idea in mid-January that it would shrink thanks to a master plan heavily marketed by CEO Brad Jacobs, three months later XPO Logistics has actually grown bigger and, as we were recently informed, has shelved plans to, erm, shrink at all.

Here is the 8-K filing dated 20 March:

“On January 15, 2020, XPO Logistics, Inc. announced that its board of directors had authorised a review of strategic alternatives, including the possible sale or spin-off of one or more ...