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Tuesday, December 18, 2012

UPS offers more concessions to secure TNT deal-sources, (NASDAQ: LEDR), (NYSE: UPS)

United Parcel Service Inc has offered more concessions in a bid to win EU regulatory approval for its 5.2-billion-euro ($6.8 billion) bid for TNT Express, two people familiar with the matter said on Tuesday.The latest offer came after the European Commission indicated an earlier proposal to sell warehouses and customer bases in about 15 countries, mainly in eastern Europe, was not sufficient to address competition concerns.The world No. 1 package delivery company is seeking to purchase Dutch peer and European market leader TNT to gain access to TNT's network in the fast-growing Asian and Latin American markets.UPS submitted its latest offer to the European Commission on Monday, one of the sources said.

Market Leader, Inc., online technology and marketing solutions for real estate professionals across the United States and Canada. Shares of LEDR remained unchanged at $6.31. In the past year, the shares have traded as low as $2.30 and as high as $7.16. On average, 119123 shares of LEDR exchange hands on a given day and today's volume is recorded at 0.

United Parcel Service, Inc. (UPS) is a package delivery company that operates in the United States less-than-truckload industry, and the provider of global supply chain management solutions. Shares of UPS remained unchanged at $73.36. In the past year, the shares have traded as low as $69.56 and as high as $81.79. On average, 4062800 shares of UPS exchange hands on a given day and today's volume is recorded at 0.



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