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UPS Boxes Up TNT: Reactions To A Giant Shipping Deal
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<blockquote data-quote="cheryl" data-source="post: 952957" data-attributes="member: 1"><p><a href="http://blogs.wsj.com/deals/2012/03/19/ups-boxes-up-tnt-reactions-to-a-giant-shipping-deal/" target="_blank"><strong>UPS Boxes Up TNT: Reactions To A Giant Shipping Deal - Wall Street Journal</strong></a></p><p></p><p>UPS reached its deal to buy TNT Express, some 48 hours after saying there was no deal in place but that it still wanted to reach one.</p><p></p><p>The $6.8 billion deal is among the biggest of the year, and UPS’ biggest, and will boost the U.S. shipping giant in Europe.</p><p></p><p>UPS shares are up 1% in premarket trading, at $79.20 while chief rival FedEx is little changed.</p></blockquote><p></p>
[QUOTE="cheryl, post: 952957, member: 1"] [URL="http://blogs.wsj.com/deals/2012/03/19/ups-boxes-up-tnt-reactions-to-a-giant-shipping-deal/"][B]UPS Boxes Up TNT: Reactions To A Giant Shipping Deal - Wall Street Journal[/B][/URL] UPS reached its deal to buy TNT Express, some 48 hours after saying there was no deal in place but that it still wanted to reach one. The $6.8 billion deal is among the biggest of the year, and UPS’ biggest, and will boost the U.S. shipping giant in Europe. UPS shares are up 1% in premarket trading, at $79.20 while chief rival FedEx is little changed. [/QUOTE]
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