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United Parcel Service, Inc. Message Board

  • ladaniva ladaniva Jan 14, 2013 8:00 AM Flag

    Gross Incompetance

    Why the heck is UPS paying TNT a $267 million termination fee?? Shareholders need to sue management and it's legal council for gross incompetance by not making the offer contingent on EU approval. Sounds like TNT and the EU just scammed UPS out of a quarter billion dollars and this issue hasn't even been mentioned. Having an offer contingent on regulatory approval is just basic Business 101.

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UPS
102.09-0.89(-0.86%)Jul 10 4:00 PMEDT

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