PostNL Rejects Sweetened $2.7B Bpost Offer

By Matthew Perlman (December 7, 2016, 5:41 PM EST) -- Dutch postal operator PostNL said Wednesday it has rejected a €2.5 billion ($2.7 billion) cash-and-stock offer from Belgian Post Group, or Bpost, saying the deal would have handed 40 percent of the combined company to the Belgian government, raising political and regulatory concerns....

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