Comment / M&A radar: Swift (K)night deal – the day after

“Knight-Swift (…) acquired 100% of Dothan, Alabama-based AAA Cooper Transportation and an affiliated entity (“AAA Cooper”). AAA Cooper is a (…) less-than-truckload (’LTL’) carrier that also offers dedicated contract carriage and ancillary services. The transaction is expected to be immediately accretive to adjusted earnings per share. (…) The enterprise value of the transaction was $1.35 billion.” – Knight-Swift, 6 July 2021. 

I drove home at 3am this morning after Italy reached the final of the UEFA European Championship loudly singing Sweet Home Alabama out of the ...