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Why Does UPS Exist?
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<blockquote data-quote="Catatonic" data-source="post: 731482" data-attributes="member: 7966"><p>You are correct!</p><p></p><p>But the BOD still has fiduciary responsibilities to maximize the ROI for investors.</p><p>The 10-1 ratio was to give the UPS BOD the flexibility to look at longer term ROI and to prevent a hostile takeover as alluded to by <strong>randomUPSISer.</strong></p></blockquote><p></p>
[QUOTE="Catatonic, post: 731482, member: 7966"] You are correct! But the BOD still has fiduciary responsibilities to maximize the ROI for investors. The 10-1 ratio was to give the UPS BOD the flexibility to look at longer term ROI and to prevent a hostile takeover as alluded to by [B]randomUPSISer.[/B] [/QUOTE]
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