Small Business Resources, Business Advice and Forms from AllBusiness.com
 

Airborne Shareholders Approve Merger With DHL.

Business Editors

SEATTLE--(BUSINESS WIRE)--Aug. 14, 2003

Airborne, Inc. (NYSE: ABF) announced today at its annual shareholder meeting held in Seattle that its shareholders voted to approve the company's proposed merger with DHL. At least 30.9 million votes were cast in favor

of the transaction and related proposals, which represents 88.4 percent of the votes cast and 63.4 percent of the shares outstanding.

About Airborne, Inc.

Airborne, Inc. is the holding company for Airborne Express. For more than 50 years, Airborne Express has served the shipping needs of business customers around the world. Today, Airborne offers total distribution solutions by providing customers time-sensitive delivery of documents, letters, small packages, and freight to virtually every U.S. ZIP code and more than 200 countries. Customers can select from a variety of services including same-day, next-morning, next-afternoon or second-day delivery, air freight, ocean service, and logistics management. Airborne employs over 22,000 people worldwide and achieved total revenues of $3,348 million in 2002.

About DHL

DHL is the world's leading express and logistics company offering customers innovative and customized solutions from a single source. With global expertise in solutions, express, air and ocean freight and overland transport, DHL combines worldwide coverage with an in-depth understanding of local markets. DHL's harmonized international network links more than 220 countries and territories worldwide. DHL continues to be at the forefront of technology and, with more than 150,000 dedicated employees, guarantees fast and reliable services aimed at exceeding customers' expectations. Based in Brussels, Belgium, DHL is 100% owned by Deutsche Post World Net.

In addition, make sure to read these articles:

  • Minimize Your Shipping Expenses
  • While shipping expenses can't be avoided entirely, you can limit the costs of shipping by following these helpful steps.
  • Stock Option Plans
  • Stock Option Plans are an extremely popular method of attracting, motivating, and retaining employees-especially when the company is unable to pay high salaries. A Stock ......
  • The World is Clustered
  • I noticed that my husband Bill (a geologist) was reading The World is Flat . I asked him to share his impressions of the ......
  • DELIVER US FROM NO. 3
  • Image III has acquired a national advertising assignment from Airborne Express.
  • Fortigo First Certified Vendor to Support New...
  • Business/Transportation/High-Tech Editors AUSTIN, Texas--(BUSINESS WIRE)--Aug. 6, 2002 Fortigo Inc., logistics cost management (LCM) software experts, today announced the company is the first third-party vendor to ......
  • Airborne Confirms Discussions With DHL...
  • Business Editors SEATTLE--(BUSINESS WIRE)--March 24, 2003 Airborne, Inc. (NYSE: ABF) today confirmed it is in discussions with DHL Worldwide Express regarding a potential transaction in ......
  • Airborne They May Be, But Express They Ain't: I'm...
  • We deliver for you. —U.S. Postal Service slogan ......
  • Airborne Issues Statement Regarding...
  • Business Editors SEATTLE--(BUSINESS WIRE)--April 7, 2003 In response to media coverage of a proposed amendment to the Senate appropriations bill regarding citizenship requirements for ownership ......
  • Airborne Increases the Cash Portion of the Cash...
  • Business Editors SEATTLE--(BUSINESS WIRE)--Nov. 21, 2003 Airborne, Inc. ("Airborne"), an indirect wholly owned subsidiary of DHL Worldwide Express B. V. ("DHL"), today announced that it ......
  • New America Network handles second lease...
  • Using the services of New America Network, Inc., real estate's largest network of office brokerages, Airborne Express has completed its second major real estate transaction ......
  • Taking stock of the industry's big mergers
  • Two major acquisitions got a lot of attention in the transportation segment of the logistics market in 2003. One integration appears to be proceeding better ......
  • AIRBORNE EXPRESS SUBSIDIARY STANDARDIZES ON CA...
  • ISLANDIA, N.Y.--(BUSINESS WIRE)--June 13, 1995--Computer Associates today announced that a major subsidiary of Airborne Express, a leading overnight express delivery company, is standardizing on CA-MANMAN/X ......
  • Pilot seizes growth opportunity
  • With the announcement of the formation of the World Freight Alliance (WFA), U.S.-based Pilot Air Freight has claimed access to 10,000 global markets. The WFA ......
  • Pilot is benefiting from DHL/Airborne deal
  • Pilot Air Freight is an indirect beneficiary of DHL's acquisition of Airborne Express. Pilot reported record first-quarter earnings for the period ended March 31, with ......
  • AsSeenOnTV.com Announces Filing of Lawsuit...
  • Business Editors ROCHESTER, N.Y.--(BUSINESS WIRE)--Jan. 31, 2002 Mr. Daniel Fasano, Chairman and CEO of ONTV, Inc. (NASDAQBB:ONTV) today announced that in December, 2001 the company ......
presented by