C.H. Robinson agreed on October 5, 2026, to buy freight broker RXO in a stock-and-cash deal with an implied value of $5.8 billion. RXO stockholders will receive $17.25 in cash plus 0.0856 C.H. Robinson shares for each RXO share, an implied $30.25 per share, which the companies said is a 29% premium to RXO’s closing price on October 2, 2026. Shareholders can instead elect all cash ($30.25 per share) or all stock (0.1992 C.H. Robinson shares), subject to proration.
The combined company will have an enterprise value of more than $25 billion, and C.H. Robinson expects about $300 million in net annual cost savings within two years of closing. The deal is expected to close in the first half of 2027, pending regulatory approval and a vote by RXO stockholders.
Source: C.H. Robinson press release: C.H. Robinson to Acquire RXO (October 5, 2026)
Image: C.H. Robinson headquarters, photo by MarkTraceur, CC BY-SA 4.0, via Wikimedia Commons.