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News Breaks | | | | February 12, 2013 | | 07:10 EDT |  | XPO | XPO Logistics acquires East Coast Air Charter for $9.25M
XPO Logistics announced that it has acquired the operating assets of East Coast Air Charter, a non-asset, third party logistics business specializing in expedited air charter brokerage, with 2012 revenues of approximately $43M. The cash purchase price was $9.25M with no assumption of debt, excluding any working capital adjustments. The acquisition is expected to be immediately accretive to earnings. | |
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News For XPO From The Last 14 Days Check below for free stories on XPO the last two weeks. |
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| May 7, 2013 | | 16:30 EDT | | XPO | XPO Logistics reaffirms FY13 outlook
 Subscribe for More Information | | | 16:27 EDT | | XPO | XPO Logistics acquires Interide Logistics for $3.1M
On May 6, 2013, the company acquired substantially all of the operating assets of Interide Logistics LC, a freight brokerage business with trailing 12 months revenue of approximately $28M as of March 31. The purchase price was $3.1M in cash and $600,000 in XPO common stock, with no assumption of debt. The acquisition is expected to be immediately accretive to earnings. | | | 16:26 EDT |  | XPO | XPO Logistics reports Q1 EPS (85c), consensus (76c)
Reports Q1 revenue $114M, consensus $135.25M. | |
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