January 8, 1996 |
Corporate Express, U.S. Delivery Announce Merger: Corporate Express Inc. said it will buy U.S. Delivery Systems Inc. for $410 million in stock, creating a new company with $1.6 billion in revenue that will sell and deliver office supplies. Broomfield, Colo.-based Corporate Express, which sells office products and services to large corporations, said it would exchange each U.S. Delivery share for 1.2 of its own shares. Houston-based U.S.