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FedEx closes on TNT Express deal

May 25, 2016 7:04 AM ETFedEx Corporation (FDX) StockBy: Clark Schultz, SA News Editor
  • FedEx (NYSE:FDX) officially closes on the acquisition of €4.4B ($4.90B) acquisition of TNT Express ([OTCPK:TNTEY, [[TNTEF).
  • The company says the addition of TNT Express will add significant value to shareholders. The integration process of the European business begins immediately.

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