C.H. Robinson to buy RXO for $30.25/share
C.H. Robinson said it will buy RXO in a deal implying $30.25 a share.
Story updates
11:32:13 AM UTC
SquawkNews
By Colin KellaherC.H. Robinson Worldwide has agreed to buy truck broker RXO for around $5 billion in cash and stock in a deal that would create a logistics company with an enterprise value topping $25 billion.C.H. Robinson on Monday said the deal values RXO at $30.25 a share, a 29% premium to Frida…