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for folks that work overseas...the fallout of ups and tnt.
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<blockquote data-quote="CBUK" data-source="post: 390494" data-attributes="member: 10491"><p>I think the deal for TNT is worth about 7 billion. It also involves an investment company taking on the Dutch mail contracts that TNT hold.</p><p> </p><p>The Lynx buyout in the U.K caused a few headaches and it was a 55 million deal. 7 Billion is big time but certainly a move in the right direction for UPS. We are on the brink of recession in the U.K and with rising fuel costs I think all the major players are looking at costs savings. DHL are now using UPS to ship all its air volume and this week AMTRAK went bust in the U.K overnight.</p><p> </p><p>Its a good time to buy because we can drive a harder bargain in the current climate.</p><p> </p><p>I thought a deal like this might take years but the subject keeps popping up which makes me think that its getting more and more likely.</p></blockquote><p></p>
[QUOTE="CBUK, post: 390494, member: 10491"] I think the deal for TNT is worth about 7 billion. It also involves an investment company taking on the Dutch mail contracts that TNT hold. The Lynx buyout in the U.K caused a few headaches and it was a 55 million deal. 7 Billion is big time but certainly a move in the right direction for UPS. We are on the brink of recession in the U.K and with rising fuel costs I think all the major players are looking at costs savings. DHL are now using UPS to ship all its air volume and this week AMTRAK went bust in the U.K overnight. Its a good time to buy because we can drive a harder bargain in the current climate. I thought a deal like this might take years but the subject keeps popping up which makes me think that its getting more and more likely. [/QUOTE]
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for folks that work overseas...the fallout of ups and tnt.
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