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Old 04-08-2013, 06:39 AM
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Sideshow Bob
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Joined APC: Oct 2006
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Originally Posted by navigatro View Post
This leads me to believe that the EU made an agreement to let the merger go thru if UPS "appeals" the ruling.

This allows the EU to save face and prevent further TNT job losses.

My understanding is that the EU wanted 1 more concession, and UPS said no, and the EU was astounded that UPS gave up.
Interesting conspiracy theory. If the purchase price was reduced as a result it might make sense, but given the EU economy, they may have just become the girl at the dance with a five o'clock shadow at this point, and we should let them all choke on their protectionist, statist banality. UPS had likely already concessed their way out of a worthwhile deal already. Interesting thought though, I must say.
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