Done deal: XPO completes spinoff of brokerage unit RXO

So Con-way‘s was 47.60 / share a time of purchase by Xpo . Now it’s $32.50 a share …. Nuff said
So Con-way was $47 with all the divisions, LTL Menlo, Truckload and was still only worth$47 when it was sold. XPO is worth $32 as a stand alone LTL, GXO is $32 and RXO is around $20.
For the GXO split, each XPO stockholder will receive one (1) share of GXO common stock for every one (1) share of XPO common stock held on the record date.
For the RXO split, each XPO stockholder will receive one (1) share of RXO common stock for every one (1) share of RXO common stock held on the record date.

 
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