FedEx: U.S. Down, Europe to Go

FedEx (FDX) got the go ahead from U.S. authorities to merge with TNT Express, and Cowen’s Helane Becker and team contend that a European approval is just a matter of time: The FedEx and TNT merger gained US antitrust approval this morning. We believe European approval will be granted by January 13th, clearing the largest […]
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