UPS to pay $6.77 billion for TNT Express

摘要

After protracted public negotiations, UPS will acquire TNT Express for $6.77 billion, a deal that comes a little more than a month after TNT Express rejected UPS' $6.4 billion acquisition offer. The all-cash offer comes out to a per-share price of a little less than $12.50. The transaction is slated to close in the third quarter.