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Shares of UPS (UPS +1.8%) trade higher after the company drops its bid to acquire TNT Express...

Shares of UPS (UPS +1.8%) trade higher after the company drops its bid to acquire TNT Express with the European Commission putting up a stiff wall of resistance. On the other side of the pond, shares of TNT Express cratered with the merger falling apart, shedding 51% in London trading.
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