Smart Move by UPS..Great Post by rhinomd11 on January 8th
Re: FredEx Rejects UPS Offer of TNT Express Assets - SOB-SOB-SOB-SOB
by rhinomd11 . Jan 8, 2013 9:16 AM . Permalink
Yes. My comment is that TNT is NOT worth the 6.8 Billion with all the give backs. UPS needs to look in the mirror and walk away from the deal. If the EC wants anymore concessions, Walk. TNT is going to shrink over time against DPost. UPS needs to spend the 7 Billion on organic growth. Like buying Airplanes and Trucks and growing in Europe without the EC and it's over the top request.