Abstracts » Business, international

National Express acquires Durham for 166.1 million euros

Article Abstract:

National Express Group PLC announced that it has reached an agreement to purchase Durham Transportation Inc. for 109.3 million pound sterling (166.1 million euros). Durham is a operator of the fourth-largest student bus network in the US. The company operates in five states. National Express is a leading operating of buses in the UK. The deal is the most recent attempt by a transportation firm in the UK to enter into the competitive US marketplace.

Foreign operations, School and Employee Bus Transportation, School Bus Services, Abstract, Bus lines, National Express Group PLC, Durham Transportation Inc.

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FedEx agrees to purchase rival in $1.2 billion deal

Article Abstract:

FedEx Corp. has reached an agreement to acquire American Freightways Corp. for approximately $1.2 billion (1.39 billion euros). The deal includes the assumption of debt in shares and cash.

Courier Services, Security Guards and Patrol Services, Detective & armored car services, Delivery services, Express delivery services, FedEx Freight East, AFWY, FedEx Corp.

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Yellow Corp. agrees to buy competitor Roadway

Article Abstract:

Roadway Corp. has reached a deal to be acquired by Yellow Corp. The deal is valued at approximately $966 million (853.1 million euros) in cash and shares.

Trucking, General Freight Trucking, Trucking & Courier Services, Ex. Air, Regulation and Administration of Transportation Programs, TRANSPORTATION SERVICES, Support Activities for Transportation, Trucking Programs, Company acquisition/merger, YELL, Roadway Corp., YRC Worldwide Inc.

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