Vivian D. Labbe
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Vivian D. Labbe in Mergers & Acquisitions,

XPO Logistics Extends Tender Offer to Acquire Con-way for $47.60/Share in Cash

XPO Logistics, Inc. XPO today announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Con-way Inc. ("Con-way") CNW for $47.60 per share in cash (the "Offer"). The Offer will now expire immediately after 11:59 p.m., New York City time, on October 16, 2015, unless it is further extended.

Needless to say, that I’m a bit confused. I'm looking forward to the first news/drivers so I can make a decision.