SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Airborne Freight (ABF) is taking off
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kirk © who wrote (207)12/2/1999 7:08:00 PM
From: Roger Zucchet   of 220
 
Actually, UPS plans to buy back stock from employees, according to their S-1: "Within several months after the offering, we intend to use the net proceeds of this offering to fund a cash tender offer for some of our class A-1 common stock."

Notwithstanding the foregoing, UPS could always use their stock to acquire another company. A nice move in ABF today when most of the other transports were weak. I keep seeing rumors about DHL as a suitor to ABF.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News