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UPS will finance its acquisition of TNTÂ Express with the issuance of $1.8B in debt to go...
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Thursday, May 3, 2012, 4:41 PM ETUPS will finance its acquisition of TNT Express with the issuance of $1.8B in debt to go along with $5B of its cash. Initially, the company expected to use just $3B of its cash hoard. The firm also declares its regular quarterly dividend of $0.57/share and expects to spend $1.5B in share repurchases this year and the next. (PR)
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