Schneider to Benefit From Cowan Systems Acquisition: Here's How
SNDRSchneider National(SNDR) ZACKS·2024-11-27 00:55

Schneider National, Inc. (SNDR) is strengthening its operations with strategic acquisitions. To this end, Schneider announced that it had inked a deal to purchase Cowan Systems, LLC and affiliated entities (collectively, Cowan Systems) for a cash purchase price of almost $390 million, subject to certain adjustments. The deal includes separate agreements to purchase certain real estate assets relating to Cowan Systems’ business for almost $31 million in cash.Based in Baltimore, MD, Cowan Systems is a dedicat ...