TFI + ArcBest – $14bn-plus deal power
Only a deal ‘too good to turn down’ would do
PRESS RELEASE
ArcBest® Announces Sale of FleetNet America® and Increased Share Repurchase Program
– Cox Automotive, a division of Cox Enterprises, Inc.?, acquires FleetNet America® for $100 million
– ArcBest’s board has increased the company’s share repurchase program authorization to $125 million
FORT SMITH, Arkansas, February 28, 2023 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, has reached an agreement, following a process that began in early 2022, to sell FleetNet America®, ...
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