United Parcel Service Inc said it would drop its 5.2 billion euro ($7 billion) bid for TNT Express on the expectation of a European Commission veto, halving the value of the Dutch delivery firm as its shares plunged in response.The fall in the price of shares in TNT Express wiped more than 2 billion euros off the Dutch delivery firm's value.UPS, the world's No. 1 package delivery company, had sought to purchase Dutch peer and European market leader TNT Express to gain access to its network in the fast-growing Asian and Latin American markets.The collapse of the deal is a blow for TNT Express, which has struggled to turn around in a weak European market.
Market Leader, Inc., online technology and marketing solutions for real estate professionals across the United States and Canada. Shares of LEDR remained unchanged at $7.06. In the past year, the shares have traded as low as $2.45 and as high as $7.33. On average, 73912 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 $77.92. In the past year, the shares have traded as low as $69.56 and as high as $81.79. On average, 3525420 shares of UPS exchange hands on a given day and today's volume is recorded at 0.
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