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XPO to acquire 28 former Yellow service centers (NYSE:XPOo

Trucks at an XPO Logistics distribution point in San Jose, California

Sundry Photography/iStock Editorial via Getty Images

  • A federal bankruptcy court has approved an offer from XPO (NYSE:XPO) to acquire 28 service centers that are owned by now bankrupt Yellow Corp. (OTC:YELLQ).
  • The LTL freight provider is purchasing 26 of the locations and will acquire the leases
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