TFII - TFI International's Bold Billion-Dollar Bet On Daseke: A Game-Changer Or High-Stakes Gamble In The Transportation Arena? | Benzinga
TFI International Inc. (NYSE: TFII) plans to acquire Daseke, Inc (NASDAQ: DSKE) for $8.30 in cash per common share.
The total enterprise value of the transaction is approximately $1.1 billion. The purchase price represents a premium of 69% to the last reported sale price on December 21, 2023, and 82% to the volume-weighted average price (VWAP) of the common stock for the 30 trading days ending on December 21, 2023.
Daseke's operations include approximately 4,900 ...