UPS (UPS -1.8%) officially extends the offer period for its planned purchase of TNT Express...

|By:, SA News Editor

UPS (UPS -1.8%) officially extends the offer period for its planned purchase of TNT Express until November 9 after running up against an August 31 deadline. The company now expects the deal to close in early 2013 after the EU asked for more time to review information pertinent to the merger.