Descartes Systems Group Acquires MyCarrierPortal for $24 Million Cash, up to $6 Million in Payouts-February 2024-www.financetom.com

Descartes Systems Group Acquires MyCarrierPortal for $24 Million Cash, up to $6 Million in Payouts

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Descartes Systems Group Acquires MyCarrierPortal for $24 Million Cash, up to $6 Million in Payouts

Sep 23, 2024 1:34 AM

07:59 AM EDT, 09/18/2024 (MT Newswires) -- Descartes Systems Group ( DSGX ) said Wednesday that it has acquired Assure Assist, which does business as MyCarrierPortal, a service provider to the trucking industry, for $24 million in cash plus potential performance-based payouts of up to $6 million.

Any additional payouts will be made in fiscal 2026 and fiscal 2027, Descartes said.

Previous page： Capital One profit declines 61% as net charge-offs rise Next page： Signet Jewelers Insider Sold Shares Worth $1,504,711, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Capital One profit declines 61% as net charge-offs rise

Jul 23, 2024

July 23 (Reuters) - Capital One Financial's ( COF ) profit fell 61% in the second quarter, it reported on Tuesday, as it wrote off losses on some loans. ...

Signet Jewelers Insider Sold Shares Worth $1,504,711, According to a Recent SEC Filing

Jul 23, 2024

04:19 PM EDT, 07/23/2024 (MT Newswires) -- Jamie Singleton, Group President and Chief Consumer Officer, on July 22, 2024, sold 18,105 shares in Signet Jewelers ( SIG ) for $1,504,711. Following the Form 4 filing with the SEC, Singleton has control over a total of 162,942 shares of the company, with 162,942 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/832988/000083298824000172/xslF345X03/wk-form4_1721765535.xml Price: 85.02,...

Steelcase Insider Sold Shares Worth $974,860, According to a Recent SEC Filing

Jul 23, 2024

04:15 PM EDT, 07/23/2024 (MT Newswires) -- Allan W Smith Jr, Senior Vice President, President, Americas, and Chief Product Officer, on July 22, 2024, sold 70,444 shares in Steelcase ( SCS ) for $974,860. Following the Form 4 filing with the SEC, Smith has control over a total of 184,743 shares of the company, with 184,743 shares held directly. SEC...

Tesla Q2 Non-GAAP Earnings Down, Revenue Up -- Shares Down After Hours

Jul 23, 2024

04:15 PM EDT, 07/23/2024 (MT Newswires) -- Tesla (TSLA) reported Q2 non-GAAP earnings late Tuesday of $0.52 per diluted share, down from $0.91 a year earlier. Analysts surveyed by Capital IQ expected $0.62. Revenue for the quarter ended June 30 was $25.5 billion, up from $24.93 billion a year earlier. Analysts surveyed by Capital IQ expected $24.74 billion. Shares were...