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UPS Denies Big Plans for Europe Expansion

Delivery giant eyeing China, not Dutch company, exec says

(Newser) - For the second time this summer, rumors that Dutch package-delivery company TNT NV was in talks with a potential US buyer—this time UPS for $15 billion—pumped up the company’s share price, reports Bloomberg. But the rally faltered as a UPS exec shot down the reports, asking Reuters,...

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