Big Moves In Logistics: GXO Acquires PFSweb For $181M To Expand Its Luxury & Cosmetics Offerings
Benzinga
SEPTEMBER 14, 2023
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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