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Discuss: TNT takeover talk: real deal or boy who cried wolf?

This is a discussion on Discuss: TNT takeover talk: real deal or boy who cried wolf? within the The Latest UPS Headlines forums, part of the Brown Cafe UPS Forum category; TNT takeover talk: real deal or boy who cried wolf? - Reuters In the world of package companies, there is ...

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Old 08-12-2008, 08:01 AM   #1
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Default Discuss: TNT takeover talk: real deal or boy who cried wolf?

TNT takeover talk: real deal or boy who cried wolf? - Reuters
In the world of package companies, there is one story you can rely on to come up with mind-numbing regularity: speculation that either United Parcel Service Inc or FedEx Corp are in talks to buy TNT NV.

The latest speculation that UPS is in talks to buy TNT for 10 billion euros ($15.2 billion) sent the Dutch mail company's stock up more than 5 percent. A mid-July rumor that FedEx was doing the same sent TNT stock up nearly 30 percent in a single day. Ten days later, TNT's stock fell 18 percent on a report that talks had ended.
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