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UPS requests hearing to defend TNT deal report
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<blockquote data-quote="cheryl" data-source="post: 1051587" data-attributes="member: 1"><p><a href="http://www.marketwatch.com/story/ups-requests-hearing-to-defend-tnt-deal-report-2012-11-07" target="_blank"><strong>UPS requests hearing to defend TNT deal report - CBS</strong></a></p><p></p><p>United Parcel Service Inc. has requested a closed-door hearing before regulators next week to defend its planned takeover of Dutch rival TNT Express NV , according to two people familiar with the situation. The likely date for the oral hearing to be held in Brussels is Nov. 12, they said. </p><p></p><p>Oral hearings are a chance for firms to state their case for a merger before European Commission officials as well as before other competition regulators from the EU. Third-parties also have the opportunity to put forward their objections to the transaction.</p></blockquote><p></p>
[QUOTE="cheryl, post: 1051587, member: 1"] [URL="http://www.marketwatch.com/story/ups-requests-hearing-to-defend-tnt-deal-report-2012-11-07"][B]UPS requests hearing to defend TNT deal report - CBS[/B][/URL] United Parcel Service Inc. has requested a closed-door hearing before regulators next week to defend its planned takeover of Dutch rival TNT Express NV , according to two people familiar with the situation. The likely date for the oral hearing to be held in Brussels is Nov. 12, they said. Oral hearings are a chance for firms to state their case for a merger before European Commission officials as well as before other competition regulators from the EU. Third-parties also have the opportunity to put forward their objections to the transaction. [/QUOTE]
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