Seeking Alpha‘s Centaur Investments writes:
– XPO unexpectedly announced that its board was reviewing strategic alternatives which included the possible sale of one or more of its business segments.
– However, just last year XPO was still hinting at their commitment to strategic acquisitions to propel company growth.
– Contradicting signals coming from XPO’s leadership suggest that investors should view the news with at least some skepticism.
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Source: The Loadstar