A brief word of caution. UPS will need to win approval to the deal from regulatory organizations and labor groups. “These risks would be more speed bumps int he road than anything thesis altering,” RBC Capital Markets analysts say in a note. “As we have said before, we like this deal as it makes sense from a strategic perspective.” (The RBC analysts—John Barnes, Mike Fountaine and Todd Maiden—do assume a more down beat view on the transaction, suggesting it will take longer to merge TNT and UPS.)
UPS shares are up 2.8% at $80.57 since announcing the acquisition Monday.
Thursday, 22 March 2012
What Can TNT Express Deal Do For UPS? Immediately Boost Profit - Forbes
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