XPO XPO INC Company Mergers 8-K Filing 2023 - Asset Acquisition XPO, Inc. has made a filing regarding the Yellow Asset Acquisition, in which they were selected as the successful bidder for 28 service centers of Yellow Corporation for $870 million. The acquisition is expected to be accretive to adjusted EBITDA and dilutive to adjusted diluted earnings in 2024, and accretive to adjusted diluted earnings from 2025 onwards. XPO has also entered into a senior secured bridge term loan credit agreement to finance the acquisition. They also plan to commence a private offering of senior unsecured notes and seek commitments for new incremental senior secured term loans to further finance the acquisition.Get access to all SEC 8-K filings of the XPO INC