FedEx Jumps on Plan to Spin Off $30 Billion Freight Unit

  • Posted on December 20, 2024
  • By Bing News
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FedEx Jumps on Plan to Spin Off $30 Billion Freight Unit

FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded company in a deal that will streamline the parcel giant.
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