XPO's Jacobs Calls Con-way Best-Ever Deal as Investors Balk

Updated on
  • Shares have tumbled since $3 billion agreement on Sept. 9
  • Acquisition adds trucks to arranger of freight shipments

XPO Logistics Inc.’s Bradley Jacobs, a former private-equity investor known for building companies through acquisitions, is brushing aside investors’ unhappiness and says the purchase of trucker Con-way Inc. will be his best deal ever.

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