Flatbed operator Daseke ended its history as an independent trucking company Monday when its acquisition by Canada’s TFI International closed for $1.1 billion.
The acquisition by TFI (NYSE: TFII) was announced Dec. 22. The share price for the acquisition was $8.30, after closing at $4.91 on Dec. 21.
Daseke reported revenue of $1.57 billion in 2023. In 2016, revenue was $651.8 million.
The disappearance of Daseke from the list of publicly traded carriers follows that of such companies as U.S. Xpress
https://www.freightwaves.com/news/daseke-now-part-of-tfi-international-as-acquisition-closes