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United Parcel Service, Inc. Message Board

  • nujackcasey nujackcasey Jan 6, 2014 7:32 PM Flag


    FDX today announced a $2B issuance of senior unsecured notes to fund the purchase of shares from Goldman Sachs and JP Morgan. My question is do they get a discount for buying such a large allotment and if not, why would the 2 firms sell them? Also, is this the type of approach UPS might use in buying back shares thru a pre-authorization or do they get bought simply thru a retail action?

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