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UPS to Purchase TNT Express for $6.8 Billion (Correct)


March 19, 2012 6:40 AM EDT (Removes incorrect spelling in television graphic.) March 19 (Bloomberg) -- United Parcel Service Inc. raised its offer for TNT Express NV by 5.6 percent to 5.16 billion euros ($6.8 billion) to secure the biggest deal in the U.S. company's 105-year history and challenge Deutsche Post AG. Olivia Sterns and Maryam Nemazee report on the acquisition on Bloomberg Television's "On the Move." (Source: Bloomberg) (Bloomberg)

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