FEDEX BUYS KINKO'S FOR $2.4 BILLION
FEDEX CORPORATION signed an agreement to purchase Kinko's copy center business from Clayton, Dubilier & Rice, Inc. for $2.4 billion in cash. The deal is expected to close in the first quarter of 2004. FedEx said the addition of Kinko's, which has 1,200 locations worldwide, "will substantially...
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