Big January Announcement Just Not about X

Discussion in 'FedEx Discussions' started by bacha29, Jan 15, 2020.

  1. bacha29

    bacha29 Well-Known Member

    This evening XPO Logistics stock jumped 16% in after hours trading following it's announcement that it will pursue selling some assets and operations....but....made it quite clear that it's US trucking operations will not be among the assets it's considering selling. it's now simply a question of what it is they will sell, who buys it, what they can get for it , what the new buyer does with it and what will they do with the proceeds.

    One can only guess but perhaps supporting the stock price and raising some cash in an effort to strengthen it's ability to fight off a hostile takeover bid is something you cannot rule out.
     
  2. Making the company more attractive for Amazon to buy?
     
  3. 59 Dano

    59 Dano I just want to make friends!

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  4. bacha29

    bacha29 Well-Known Member

    We know better that to hope for some intelligent insight from a nobody who thinks he's somebody but your attempt to do is nevertheless appreciated.
     
  5. 59 Dano

    59 Dano I just want to make friends!

    By your own admission, you don't know what it is they will sell, who will buy it, what they can get for it, what the new buyer does with it, what will they do with the proceeds, why it's being done, or what any of this means.

    What kind response do you expect?
     
  6. bacha29

    bacha29 Well-Known Member

    Yes, i do know what it means. it means that they have a strategy regarding a restructuring of their company. Something your company seems to be rather slow getting around to despite the clear and present need to do so.