Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
TNT Express-UPS deal to come after Friday: sources
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 951533" data-attributes="member: 1"><p><a href="http://www.reuters.com/article/2012/03/15/us-tnt-ups-idUSBRE82E11N20120315" target="_blank"><strong>TNT Express-UPS deal to come after Friday: sources - Reuters</strong></a></p><p></p><p>United Parcel Service (UPS.N) and TNT Express (TNTE.AS) are unlikely to announce a deal on Friday when they need to update the market about the status of their merger talks, but a deal could come soon after that, sources close to the talks said.</p><p></p><p>Some shareholders are still hoping for an improved offer, but UPS is seen as unlikely to improve by much its last offer of 9 euros a share, given TNT's poor results and the absence of a counter bidder.</p><p></p><p>Both parties have ruled out a potential counter bid from FedEx Corp (FDX.N) at this point, the sources said.</p></blockquote><p></p>
[QUOTE="cheryl, post: 951533, member: 1"] [URL="http://www.reuters.com/article/2012/03/15/us-tnt-ups-idUSBRE82E11N20120315"][B]TNT Express-UPS deal to come after Friday: sources - Reuters[/B][/URL] United Parcel Service (UPS.N) and TNT Express (TNTE.AS) are unlikely to announce a deal on Friday when they need to update the market about the status of their merger talks, but a deal could come soon after that, sources close to the talks said. Some shareholders are still hoping for an improved offer, but UPS is seen as unlikely to improve by much its last offer of 9 euros a share, given TNT's poor results and the absence of a counter bidder. Both parties have ruled out a potential counter bid from FedEx Corp (FDX.N) at this point, the sources said. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
TNT Express-UPS deal to come after Friday: sources
Top