Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS shrinks buyback plan to use cash for TNT offer
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 968977" data-attributes="member: 1"><p><a href="http://finance.yahoo.com/news/ups-shrinks-buyback-plan-cash-212548141.html" target="_blank"><strong>UPS shrinks buyback plan to use cash for TNT offer - Yahoo</strong></a></p><p></p><p>The new plan from UPS will cut $2 billion from what UPS needs to borrow for the deal. Its original plan to borrow $3.8 billion for the deal had prompted ratings agencies to put UPS on watch for a possible downgrade.</p><p></p><p>UPS now plans to use $5 billion in cash plus $1.8 billion in debt for the $6.8 billion deal. Buying TNT will make UPS the biggest shipper in Europe, and it's the biggest acquisition UPS has ever made.</p></blockquote><p></p>
[QUOTE="cheryl, post: 968977, member: 1"] [URL="http://finance.yahoo.com/news/ups-shrinks-buyback-plan-cash-212548141.html"][B]UPS shrinks buyback plan to use cash for TNT offer - Yahoo[/B][/URL] The new plan from UPS will cut $2 billion from what UPS needs to borrow for the deal. Its original plan to borrow $3.8 billion for the deal had prompted ratings agencies to put UPS on watch for a possible downgrade. UPS now plans to use $5 billion in cash plus $1.8 billion in debt for the $6.8 billion deal. Buying TNT will make UPS the biggest shipper in Europe, and it's the biggest acquisition UPS has ever made. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS shrinks buyback plan to use cash for TNT offer
Top