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
UPS Union Issues
UPS Timeline from a Major Shipper's POV
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="Bagels" data-source="post: 1147199" data-attributes="member: 43436"><p>UPS certainly had the balance sheet to pursue any acquisition it desired without raising investor money. Perhaps they sought investor money as an opportunity to diversity its balance sheet, and if a byproduct was a $30M or more pay day for people like Kelly, then so be it <img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" />. IPOs use to be about raising money to expand a business, but they're increasingly being used by management as a means for a large pay day - but often with only a few people benefiting. Sad to hear that may have been the case with UPS as well.</p><p></p></blockquote><p></p>
[QUOTE="Bagels, post: 1147199, member: 43436"] UPS certainly had the balance sheet to pursue any acquisition it desired without raising investor money. Perhaps they sought investor money as an opportunity to diversity its balance sheet, and if a byproduct was a $30M or more pay day for people like Kelly, then so be it ;). IPOs use to be about raising money to expand a business, but they're increasingly being used by management as a means for a large pay day - but often with only a few people benefiting. Sad to hear that may have been the case with UPS as well. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
UPS Timeline from a Major Shipper's POV
Top