UPS United Parcel Service

United Parcel Service Inc. (UPS) is in discussions to buy transportation and shipping services company Coyote Logistics LLC for about $1.8 billion, Bloomberg News reported Wednesday, citing two people with knowledge of the matter.

Coyote, which has grown rapidly in recent years, is backed by private-equity firm Warburg Pincus LLC.

Full story at http://www.bloomberg.com/news/articles/2015-07-22/ups-said-to-be-in-talks-to-buy-coyote-logistics-for-1-8-billion

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