XPO was poised to make blockbuster purchase that would have doubled its size, Jacobs said

XPO Logistics, Inc. (NYSE:XPO) was prepping late last year for a massive acquisition, one that Chairman and CEO Brad Jacobs said Tuesday would have effectively doubled XPO’s $17 billion a year size “in short order,” before it shifted gears and launched a sizable stock repurchase plan to capitalize on the equity’s low price levels. Jacobs, …

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