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Cranberry Journal

Tuesday, October 6, 2026

Also in this edition
Markets
  • S&P 5007,827.14+0.68%
  • Nasdaq27,637.24+0.58%
  • Dow51,547.35+0.55%
  • 10-yr yield5.28%−0.60%
  • Crude$89.38−0.06%
At the close · Oct 6

Mergers And Acquisitions

Tagged stories

A white truck cab stands between two empty flatbed trailers in a gravel yard in front of a long warehouse with loading bays, under a blue evening sky.
Business

C.H. Robinson Is Paying $5.8 Billion for RXO. The Price Rests on $300 Million of Savings.

C.H. Robinson agreed on Sunday to buy RXO, the truck broker spun out of XPO in 2022, for about $5.8 billion including debt. Its own slides value the deal at 13.2 times RXO's expected earnings before interest, tax, depreciation and amortisation, but only after $300 million of annual cost savings. Without them the multiple is about 42. C.H. Robinson's shares fell 10.8 per cent on Monday.

By Margaret Holloway  

An engineer wearing glasses, seen from behind and out of focus, looks at a monitor showing a computer-aided design drawing of a wheeled agricultural robot, in a bright office.
The Deal

Schneider Is Paying a 42% Premium for PTC. The Price Is Still Below Where PTC Traded a Year Ago.

Schneider Electric agreed on Sunday to buy PTC, the Boston maker of design and product-lifecycle software, for $205 a share in cash, valuing its equity at about $22.6 billion. That is 42.3 per cent above Friday's close, and 5 per cent below PTC's peak close in August 2025. The French group will borrow most of the money, sell up to €6 billion of new shares and pause its buyback for two years. Its shares fell about 10 per cent in Paris.

By Alison Acosta