FedEx (FDX) to Acquire ShopRunner
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FedEx to Acquire ShopRunner to Expand E-Commerce Capabilities
December 2, 2020 11:30 AM ESTCombined strengths enable merchants to increase competitiveness and deliver end-to-end shopping experiences to consumers
MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. (NYSE: FDX) announced today that it has agreed to acquire ShopRunner, the e-commerce platform that connects online shoppers with their favorite merchants and brands. ShopRunners capabilities will complement and expand the FedEx e-commerce portfolio and are expected to create increased value for both merchants and consumers. The parties anticipate the acquisition to close by the end of the calendar year, and it is subject to customary closing conditions,... More
