M&A radar: All of a sudden, a deal spike – Japan leads
Run baby run
Having gone through the investor presentation released last Wednesday by Arkansas-based ArcBest, when it announced the acquisition of Chicago-based truckload freight brokerage MoLo Solutions for as much as 12% of its unaffected market cap – based on the initial cash settlement of $235m – there’s little to add about the tie-up’s prospects/economics than what’s contained in the slide below…
… to what you probably know already. As it bulks up its logistics services, notably the deal value shoots up to 35% (implied in ...
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