KNX May 2023 40.000 call
| Previous close | 10.40 |
| Open | N/A |
| Bid | 10.10 |
| Ask | 10.40 |
| Strike | 40.00 |
| Expiry date | 2023-05-19 |
| Day's range | 10.40 - 10.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 10 |
- Motley Fool
Why U.S. Xpress Enterprises Stock Is Up Big This Week
U.S. Xpress Enterprises (NYSE: USX) was the target of a big-premium buyout this week, and its stock is in the fast lane as a result. Shares of the trucking company are up more than 280% for the week, according to data provided by S&P Global Market Intelligence, after the company agreed to be acquired by Knight-Swift Transportation Holdings (NYSE: KNX). U.S. Xpress is a Tennessee-based trucking company that operates from a network of 14 facilities located primarily in the Eastern half of the U.S. The company generated about $2.2 billion in total operating revenue in 2022, operating a fleet of about 7,200 tractors and 14,400 trailers.
- Zacks
Knight-Swift (KNX) to Acquire U.S. Xpress for $808 Million
The acquisition of U.S. Express by Knight-Swift (KNX) is likely to be completed in late second-quarter or early third-quarter 2023.
- Business Wire
Knight-Swift Transportation Agrees to Acquire U.S. Xpress Enterprises for $6.15 Per Share
PHOENIX & CHATTANOOGA, Tenn., March 21, 2023--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) ("Knight-Swift") and U.S. Xpress Enterprises, Inc. (NYSE: USX) ("U.S. Xpress") today announced an agreement under which Knight-Swift will acquire U.S. Xpress for a total enterprise value of approximately $808 million, excluding transaction costs. The transaction has been unanimously approved by the Board of Directors of Knight-Swift and a Special Committee of the independent directors of the U.S.
