Big January Announcement Just Not about X

bacha29

Well-Known Member
This evening XPO Logistics stock jumped 16% in after hours trading following it's announcement that it will pursue selling some assets and operations....but....made it quite clear that it's US trucking operations will not be among the assets it's considering selling. it's now simply a question of what it is they will sell, who buys it, what they can get for it , what the new buyer does with it and what will they do with the proceeds.

One can only guess but perhaps supporting the stock price and raising some cash in an effort to strengthen it's ability to fight off a hostile takeover bid is something you cannot rule out.
 
This evening XPO Logistics stock jumped 16% in after hours trading following it's announcement that it will pursue selling some assets and operations....but....made it quite clear that it's US trucking operations will not be among the assets it's considering selling. it's now simply a question of what it is they will sell, who buys it, what they can get for it , what the new buyer does with it and what will they do with the proceeds.

One can only guess but perhaps supporting the stock price and raising some cash in an effort to strengthen it's ability to fight off a hostile takeover bid is something you cannot rule out.
Making the company more attractive for Amazon to buy?
 

59 Dano

I just want to make friends!
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59 Dano

I just want to make friends!
We know better that to hope for some intelligent insight from a nobody who thinks he's somebody but your attempt to do is nevertheless appreciated.

By your own admission, you don't know what it is they will sell, who will buy it, what they can get for it, what the new buyer does with it, what will they do with the proceeds, why it's being done, or what any of this means.

What kind response do you expect?
 

bacha29

Well-Known Member
By your own admission, you don't know what it is they will sell, who will buy it, what they can get for it, what the new buyer does with it, what will they do with the proceeds, why it's being done, or what any of this means.

What kind response do you expect?
Yes, i do know what it means. it means that they have a strategy regarding a restructuring of their company. Something your company seems to be rather slow getting around to despite the clear and present need to do so.
 
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