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News Breaks | | | | September 21, 2012 | | 10:19 EDT |  | UPS, TNTEY | UPS faces uphill struggle in TNT Express takeover, WSJ reports
According to sources, UPS (UPS) is facing a struggle to convince regulators in the European Union that its $6.77B takeover of TNT Express (TNTEY) doesn't breach antitrust rules, reports the Wall Street Journal. The EU's competition regulator could assess the acquisition "in the context of a narrower definition of the market" than expected, sources add. Reference Link | |
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