TForce | TFI Pays Cash For DASEKE and makes it Private

Kennesaw Kid

TB Legend
Super Moderator

You have the highest paying Contract of any LTL Carrier AND the highest Pension. TFI paid $1.1 B in cash to buy DASEKE and to make it private. They have the money....and they will pay. You have this job because of the years-long sacrifices the Overnite employees made to get a Union Contract, and that came about when UPS bought them. Now on to better and bigger things now that TFI bought you. Count your blessings. Not many Overnite employees lived to see this day!
..." it has entered into a definitive agreement to be acquired by TFI International Inc. (NYSE and TSX: TFII) (TFI International), a North American leader in the transportation and logistics industry, in an all-cash transaction that values Daseke at an enterprise value of approximately $1.1 billion."...
..."Subject to the terms of the agreement, Daseke common stockholders will receive $8.30 per share in cash, representing a premium of 69% to the last reported sale price on December 21, 2023 and a premium of 82% to the volume-weighted average price (VWAP) of the common stock for the 30 trading days ending on December 21, 2023."...
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