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Old 01-11-2010, 05:44 PM
  #7  
ThreeSides
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Joined APC: Dec 2009
Position: Short the Market
Posts: 139
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Originally Posted by brownie View Post
I don't think thats the case. Ups is looking for ways to cut managment and cost. Why would they turn down 118 mil just to hold on to something they really want to get rid of/?
A better question than why would they turn down 118 mil is:

Why would they walk away from the $246 mil the furlough is projected to save?
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