FedEx-TNT merger: Updates On The Deal That Could Change The Way Europe Ships

Despite the company?s strong global reach, it has so far failed to capture much of the European market. To tackle this problem, FedEx had bid to acquire the Dutch logistics company TNT Express earlier this year. In April, the Memphis-based company made a public bid to buyout TNT Express for $4.8 billion, which is a significantly smaller amount than what UPS was willing to pay for the company two years before in 2013 ($6.7 billion). The FedEx deal provides more simplicity than the UPS deal, creat...