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The Latest UPS Headlines
Brazilian anti-trust authorities rejected an appeal by UPS against the merger of FedEx & TNT
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<blockquote data-quote="cheryl" data-source="post: 2130592" data-attributes="member: 1"><p><a href="http://www.bidnessetc.com/66384-fedex-corporation-clearance-brazils-antitrust-authorities-tnt/" target="_blank"><strong>Brazilian anti-trust authorities rejected an appeal by UPS against the merger of FedEx & TNT - Bidness</strong></a></p><p></p><p>FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. The CADE has cleared FedEx for an all cash $4.8 billion takeover bid for TNT. The takeover will incorporate all issued, and outstanding shares of TNT including American depository receipts (ADR) as well.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2130592, member: 1"] [URL='http://www.bidnessetc.com/66384-fedex-corporation-clearance-brazils-antitrust-authorities-tnt/'][B]Brazilian anti-trust authorities rejected an appeal by UPS against the merger of FedEx & TNT - Bidness[/B][/URL] FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. The CADE has cleared FedEx for an all cash $4.8 billion takeover bid for TNT. The takeover will incorporate all issued, and outstanding shares of TNT including American depository receipts (ADR) as well. [/QUOTE]
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The Latest UPS Headlines
Brazilian anti-trust authorities rejected an appeal by UPS against the merger of FedEx & TNT
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