RXO to be acquired by C.H. Robinson in a stock‑and‑cash merger
RXO, Inc. and C.H. Robinson Worldwide have signed a definitive agreement for C.H. Robinson to acquire RXO in a combined stock‑and‑cash transaction. The deal, expected to close by mid‑2027, gives RXO shareholders a choice of cash, stock or a mix, with a cash option of $30.25 per share. MFN Partners, which owns 17.04% of RXO, has agreed to vote its 32.7 million shares in favor of the merger under a voting agreement signed on October 4, 2026. RXO will continue to operate independently until the transaction closes, after which its shares will be delisted from the NYSE.
Why it matters
The company states that the merger will create scale and synergies across freight brokerage and logistics services. C.H. Robinson expects the combined entity to broaden its service offering and network density, which could enhance revenue growth. RXO shareholders will receive cash or stock, affecting the composition of their holdings.
Key facts
- 1The merger is expected to be completed by mid‑2027. tradingview.com
- 2RXO shareholders can elect cash of $30.25 per share, stock, or a mix. tradingview.com
- 3MFN Partners holds 17.04% of RXO and supports the merger. tradingview.com
- 4MFN Partners agreed to vote its 32.7 million RXO shares in favor of the merger under a voting agreement signed on October 4, 2026. stocktitan.net
- 5The transaction is a stock‑and‑cash deal subject to regulatory approvals and shareholder votes. stocktitan.net
- 6RXO will continue to operate independently until the transaction closes and its shares will be delisted from the NYSE after the merger. tradingview.com
Summary written by AlphAI from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.