FedEx to offer its shareholders one FedEx Freight share for every two shares held
May 13 (Reuters) - FedEx FDX.N said on Wednesday it would allot its shareholders one share of the freight unit it is hiving off for every two shares they hold in the parcel delivery firm. (Reporting by Nandan Mandayam in Bengaluru; Editing by Leroy Leo) ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))