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ups up $.70 FDX up $5.33 on buyout rumors
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<blockquote data-quote="FlytheBrownSkies" data-source="post: 220208"><p>Its probably too late to buy FDX.</p><p></p><p></p><p>But back when we wanted to start an airline, we should have bought FDX THEN, back when we had the best package and they had the best air service, the merger would have made sense and UPS could have purchased FDX for a SONG compared to today...FDX was a small company back then and UPS certainly had lots of cash to do it.</p><p></p><p></p><p>Of course in typical UPS fashion, we did the arrogant and stupid thing and went out and built our own airline. It turned out ok, but I still look back when lots of us thought we should have bought them before they turned into the much larger FDX/RPS Ground, FDX Freight etc..</p><p></p><p></p><p></p><p>And now the parcel industry in the US is divided against each other trying to compete with monopolist state supported companies like DHL.</p></blockquote><p></p>
[QUOTE="FlytheBrownSkies, post: 220208"] Its probably too late to buy FDX. But back when we wanted to start an airline, we should have bought FDX THEN, back when we had the best package and they had the best air service, the merger would have made sense and UPS could have purchased FDX for a SONG compared to today...FDX was a small company back then and UPS certainly had lots of cash to do it. Of course in typical UPS fashion, we did the arrogant and stupid thing and went out and built our own airline. It turned out ok, but I still look back when lots of us thought we should have bought them before they turned into the much larger FDX/RPS Ground, FDX Freight etc.. And now the parcel industry in the US is divided against each other trying to compete with monopolist state supported companies like DHL. [/QUOTE]
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ups up $.70 FDX up $5.33 on buyout rumors
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