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Industrials Company GXO Logistics Announces Merger With PFSweb

Benzinga

GXO Logistics (NYSE: GXO ) has announced a merger with PFSweb (NASDAQ: PFSW ) that is expected to be completed in Q4 of 2023. Under the terms of the agreement, GXO Logistics has agreed to give PFSweb $181.00 About The Companies Involved GXO Logistics Inc is a contract logistics company.

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Big Moves In Logistics: GXO Acquires PFSweb For $181M To Expand Its Luxury & Cosmetics Offerings

Benzinga

Logistics company GXO Logistics Inc (NYSE: GXO ) has entered into a definitive agreement to acquire eCommerce order fulfillment provider PFSweb Inc (NASDAQ: PFSW ) for $7.50 per share in cash, representing an equity value of approximately $181 million.

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PFSweb, Inc. to be Acquired by GXO Logistics, Inc.

Benzinga

- GXO Logistics to Acquire All Outstanding PFSweb Shares for $7.50 14, 2023 (GLOBE NEWSWIRE) -- PFSweb, Inc. NASDAQ: PFSW ) (the "Company" or "PFSweb") has entered into an Agreement and Plan of Merger to be acquired by GXO Logistics, Inc. per share in cash. Europe and the United Kingdom.