PRESS RELEASE
– Unlocks significant value for FedEx stockholders through creation of a new publicly listed less-than-truckload (LTL) industry leader
– Preserves commercial and operational synergies between both companies
– Proposed separation enables greater strategic, operational, and financial execution for each company and its stakeholders
December 19, 2024 04:02 PM Eastern Standard Time
MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corp. (NYSE: FDX) today announced that its Board of Directors has concluded a comprehensive assessment of the role of …
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