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The Competition
FedEx Discussions
Big announcement coming in Jan
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<blockquote data-quote="bacha29" data-source="post: 4359718" data-attributes="member: 58386"><p>It's called Warren Buffett. At current stock price FDX has a market cap of about 42 billion. Buffett and Bershire has 142 billion in <strong>cash</strong> on hand and have publicly stated that it's on the prowl for somebody to buy. This was clearly at least in part a attempt to ward off a hostile takeover bid.</p></blockquote><p></p>
[QUOTE="bacha29, post: 4359718, member: 58386"] It's called Warren Buffett. At current stock price FDX has a market cap of about 42 billion. Buffett and Bershire has 142 billion in [B]cash[/B] on hand and have publicly stated that it's on the prowl for somebody to buy. This was clearly at least in part a attempt to ward off a hostile takeover bid. [/QUOTE]
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