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TNT Express rejected an unsolicited takeover offer of roughly $6.4 billion from UPS, but the Dutch delivery firm said discussions with the parcel giant are ongoing, according to reports.

Source URL: http://www.joc.com/air-cargo/express-cargo/tnt-rejects-ups-64-billion-takeover-bid_20120217.html?qt-webcasts_podcasts_whitepapers=0