Schneider’S Dedicated Momentum Continues To Build With Latest Acquisition Of Cowan Systems, Llc

Reuters
2024.11.25 16:02
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Nov 25 (Reuters) - Schneider National Inc:SCHNEIDER’S DEDICATED MOMENTUM CONTINUES TO BUILD WITH LATEST ACQUISITION OF COWAN SYSTEMS, LLCSCHNEIDER NATIONAL: PROPOSED DEAL FOR CASH PURCHASE PRICE OF ABOUT $390 MILLIONSCHNEIDER NATIONAL: ACQUISITION EXPECTED TO BE ACCRETIVE TO CO’S EPS WITHIN FIRST YEAR, BEFORE CONSIDERATION OF ANTICIPATED SYNERGIESSCHNEIDER NATIONAL: DEAL TO BE FINANCED THROUGH EXISTING CASH ON HAND & BORROWINGS UNDER CO’S NEW $400 MILLION DELAYED DRAW TERM CREDIT FACILITY Source text: Further company coverage:

Nov 25 (Reuters) - Schneider National Inc (SNDR.N) :

  • SCHNEIDER’S DEDICATED MOMENTUM CONTINUES TO BUILD WITH LATEST ACQUISITION OF COWAN SYSTEMS, LLC

  • SCHNEIDER NATIONAL: PROPOSED DEAL FOR CASH PURCHASE PRICE OF ABOUT $390 MILLION

  • SCHNEIDER NATIONAL: ACQUISITION EXPECTED TO BE ACCRETIVE TO CO’S EPS WITHIN FIRST YEAR, BEFORE CONSIDERATION OF ANTICIPATED SYNERGIES

  • SCHNEIDER NATIONAL: DEAL TO BE FINANCED THROUGH EXISTING CASH ON HAND & BORROWINGS UNDER CO’S NEW $400 MILLION DELAYED DRAW TERM CREDIT FACILITY Source text: Further company coverage: (SNDR.N)

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