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Mergers & Acquisitions

Apr. 15, 2003

DHL Will Buy Airborne's Ground Assets

In a controversial deal that has piqued the interest of top Washington lawmakers, DHL Worldwide Express has agreed to buy the ground operations of express-delivery company Airborne Inc. for $1.05 billion.

By Toni Vranjes
        In a controversial deal that has piqued the interest of top Washington lawmakers, DHL Worldwide Express has agreed to buy the ground operations of express-delivery company Airborne Inc. for $1.05 billion.
        The deal would separate Airborne's air operations from its ground services, with the air operations becoming an i...

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