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Announced

HG Vora to acquire the remaining 90% stake in Ryder for $4.4bn.

Synopsis

HG Vora, a private equity firm, offered to acquire the remaining 90% stake in Ryder, an American transportation and logistics company, for $4.4bn. The Ryder board of directors will carefully review and evaluate the indication of interest to determine the course of action that it believes is in the best interest of the company and its shareholders.

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