How UPS Plans to Benefit from Its Coyote Acquisition

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 2, 2015.

  1. cheryl

    cheryl I started this. Staff Member

    How UPS Plans to Benefit from Its Coyote Acquisition - Investopedia

    Recently, UPS made news by acquiring Coyote Logistics for a reported $1.8 billion. Coyote Logistics is a full-scale service provider that offers transportation and logistics services to more than 12,000 customers across a wide range of industries. This acquisition aims to strengthen UPS' business while eliminating a competitor. However, there are always specific reasons why a multinational will acquire another for more than $1 billion.