HG Vora Capital Management offers to acquire Ryder System (R) for $86 per share

  • May 13, 2022

POTENTIAL DEAL DETAILS

StockRyder System, Inc.SymbolR
Date Announced05/13/2022Source Press Release
TypeUnsolicited BidAcquiring Company/Person HG Vora Capital Management LLC

According to the 13D filing, Ryder System Inc. (R) received a takeover bid from HG Vora Capital Management proposing to acquire all of the outstanding shares of Common Stock at a purchase price of $86 per share paid in cash at closing.

Update(s):

September 27, 2022: Apollo Global Management Inc. (APO) is exploring a takeover of Ryder System Inc.,  (R) a transportation and logistics company, according to people with knowledge of the matter.

 

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