It's owned by management and employees I really don't know if there's a trust it holds a big amount of the shares.Isn’t the majority of class A’s owned by a trust that ups runs?
Tieguy?class A stock gets 10 votes per share
Class B stock gets 1 vote per share
guess who holds the majority of class A
You must have never heard of the merger between UPS and Fedex...
He wants to "drive the truck "!Why would he buy UPS after buying all those trucks and planes?
FixedFor all the times I've been asked that joke as a package driver I could buy UPS
FedUp
Only 144 billion?To answer OP's question. Right now, UPS is for sale for 144 billion. However, if a larger company tried to buy UPS out it would likely drive the share prices up and subsequently the market cap of UPS would increase.
Plus needed government approval.That would only happen if it was a merger between the 2 companies, but I don't think there's any way that's gonna happen with 2 companies of this size.
No.Does he he have the cash to do it?
Ok.To answer OP's question. Right now, UPS is for sale for 144 billion. However, if a larger company tried to buy UPS out it would likely drive the share prices up and subsequently the market cap of UPS would increase.
He's going to make an offer of $500 a share. Amazon is at 3200 for sure now it would be a drop in the bucket. the next day. UPS will open up as worldwide services it's already on the package cars and trucks. They will be worldwide services but the world will still know them as UPSTo answer OP's question. Right now, UPS is for sale for 144 billion. However, if a larger company tried to buy UPS out it would likely drive the share prices up and subsequently the market cap of UPS would increase.
$500 a share the next day UPS would open up as worldwide services it's already on the package cars. The whole world would think of them as UPS
He has the stock to do it. I don't see it happening. Organized Labor is too much of a headache to merge with.Does he he have the cash to do it?