Ryder System jumps 16% on report of Apollo Global interest [Seeking Alpha]
Ryder System, Inc. (R)
Last ryder system, inc. earnings: 4/29 07:55 am
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Source: Seeking Alpha
Ryder System jumps 16% on report of Apollo Global interestSep. 27, 2022 2:59 PM ETRyder System, Inc. (R)FWRDTENXPOAAWWSAIAAPODSKEBy:Joshua FinemanSA News EditorJHVEPhotoRyder System (NYSE:surged 16%Terms of a potential deal weren't knownbut any transaction would be above Ryder's () current market cap of $3.4 billion, according to traders, who cited a Bloomberg report. There's a possibility that other bidders may emerge.The potential Apollo (for $86/share,valued the company.Ryder (investor day disclosedPrivate equity giant Apollo is no stranger to the transportation/logistics sector. Early last month Apollo (agreed to purchase Atlas Air WorldwideOther trucking and logistics firms that moved on the Ryder news include Saia (SAIA +3.65%), XPO Logistics (XPO + 3.2%), Forward Air (FWRD +1.4%) and Daseke (DSKE +0.8%).Earlier Tuesday Tenneco (fell amid investor concern on Apollo deals.
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- Levi & Korsinsky, LLP Notifies Shareholders of Ryder System, Inc. (R) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Ryder’s Contract Manufacturing and Packaging Arm Receives Business Partner Excellence Award from P&GBusiness Wire
- Levi & Korsinsky, LLP Notifies Shareholders of Ryder System, Inc. (R) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
- Is Ryder System (R) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Ryder System, Inc. (NYSE: R) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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- 2/14/24 - Beat
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- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEFA14A
- 4/3/24 - Form 4
- R's page on the SEC website