Courier deal stalls on UPS - New York Post
United Parcel Service has hit a bump in the road as it tries to expand beyond package delivery.
UPS recently came close to a deal to acquire Stamford, Conn.-based World Courier for $500 million before talks ended, sources told The Post.
World Courier was reluctant to sell to UPS, perhaps because current management wanted to remain in charge, sources said.
United Parcel Service has hit a bump in the road as it tries to expand beyond package delivery.
UPS recently came close to a deal to acquire Stamford, Conn.-based World Courier for $500 million before talks ended, sources told The Post.
World Courier was reluctant to sell to UPS, perhaps because current management wanted to remain in charge, sources said.