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FedEx has made much smaller acquisitions. Earlier this month it said it would buy Polish courier company Opek, getting a ground delivery network with about $70 million in annual sales. And last month FedEx said it had agreed to buy French business-to-business express transportation company TATEX. It has annual revenue of about $188 million. FedEx, the world's second-largest package delivery company, is based in Memphis, Tenn. Fedex shares rose $1.70, or 1.9 percent, to $90.98 in late afternoon trading as UPS shares rose 57 cents to $75.51 per share.
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