At liquidation value: M&A mongrel Forward Air – how exciting!
Let’s go for a stroll
Stated mission: connecting the tech-freight dots.
Deal
Right before the CH Robinson Q3 23 conference call with analysts – which was held yesterday, 1 November, after the US markets closed – Flexport delighted the depressed M&A world with the announcement, signed off by leader Ryan Petersen to staff, that his firm would purchase “Convoy’s technology stack (…) planning to retain a small group of team members from their core product and engineering team”.
Petersen made clear that Flexport is not acquiring “Convoy the ...
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