Knight-Swift Transportation Holdings Inc - Ordinary Shares - Class A

NYSE:KNX   3:59:59 PM EDT
49.61
+1.13 (+2.33%)
Debt Financing / Related, Other Pre-Announcement, Mergers / Acquisitions

Knight-Swift Transportation Adds Less-Than-Truckload Growth Platform Through Acquisition Of Aaa Cooper

Published: 07/06/2021 13:18 GMT
Knight-Swift Transportation Holdings Inc - Ordinary Shares - Class A (KNX) - Knight-swift Transportation Adds Less-than-truckload Growth Platform Through Acquisition of Aaa Cooper.
Knight-swift Transportation - Purchase Price Consideration Consisted of $1.3 Billion in Cash, $10 Million in Knight-swift Shares, and About $40 Million in Assumed Debt, Net of Cash.
Knight-swift Transportation Holdings Inc Says Enterprise Value of Transaction Was $1.35 Billion.
Knight-swift Transportation Holdings Inc Says Cash for Transaction Was Funded From a New $1.2 Billion Term Loan Provided by Bank of America.
Knight-swift Transportation Holdings Inc Says Transaction Expected to Be Accretive to Knight-swift's Adjusted EPS During Q3 of 2021.