Trumping Greenbriar, Transforce Buys Dynamex for $248M

Montreal-based Transforce has trumped a private equity bid for same-day delivery company Dynamex, agreeing to pay $248 million for the Dallas-based company, Reuters reported. With the acquisition, Transforce, a mid-tier trucking company, aims to tap U.S. markets. It offered $25 per share in cash for Dynamex. Private equity firm Greenbriar Equity Group had previously offered $24 a share, Reuters said.

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