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C.H. Robinson buying RXO in $6 bln deal

C.H. Robinson is buying RXO for $6 bln, following a logistics roll-up vision associated with Brad Jacobs. RXO shares fell 15%.

RXOCHRW

H. Robinson is buying RXO in a $6 bln deal, according to the source text. H. Robinson was seen as a model for that approach.

H. Robinson. The stock fell 15%, and returns appear so-so. The source text says even hardy industries have a breaking point.