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UPS to Buy TNT Express for $6.7B
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Description
FBN’s Robert Gray on UPS’ decision to buy TNT Express for $6.7 billion in cash.
- Duration 0:54
- Date Mar 19, 2012
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Transcript
This transcript is automatically generated
I'm Robert Gray with your Fox Business -- the Federal Reserve says it plans to find eight more banks have been subject to scrutiny.
And allegations of improper for.
-- practices.
The nation's mortgage servicing companies have been under federal and state scrutiny since revelations emerged in the fall of 2010.
It makes -- so called robo signers to file foreclosure documents without personally verifying their contents.
Stocks meanwhile living modestly higher in today's trading after posting the best week of the year last week right now that -- of 25 BSV in the NASDAQ.
Moving higher.
-- UBS says -- by Netherlands based TNT express for six point seven billion bucks in cash deal.
Create a company with annual sales of sixty billion dollars.
Companies will have 475000.
Employees worldwide and increase UPS's international sales to around 36% of its total to 10% -- --
