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UPS to Buy TNT for $6.8 Billion to Expand in Europe


March 19, 2012 3:31 AM EDT March 19 (Bloomberg) -- United Parcel Service Inc. reached an agreement to buy TNT Express NV, Europe's second-largest express delivery company, after sweetening its bid to 5.16 billion euros ($6.8 billion). Owen Thomas and Olivia Sterns report on the acquisition on Bloomberg Television's "Countdown." (Source: Bloomberg) (Bloomberg)

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