Originally Posted by
Scoop
You are missing the point. The reason it did take 4 years was the fact that the original TA obviously did not contain "the exact same value."
Scoop
You are playing Monday morning QB here.
Hey I'm not criticizing UPS guys at all. Their negotiators did a great job and part of the reason for the four year delay was that we all know their mgmt breeds a very antagonistic relationship. Their mgmt did nothing to speed the process.
All I'm saying is that even great agreements, if years late, are mathematically not necessarily better than more modest agreements arrived at earlier in the process.
And yes I also acknowledge "time value of concessions" as part of the discussion.