United Parcel Service My article is taken from the newest United Parcel Service Common Stock Shareowners Report, in which it outlines its business strategies for now and for the future. Right now is a special time for the company, it is planning to open itself to the open market, by putting shares of it's common stock on the New York Stock Exchange. You say to yourself, "What's so special about that? Companies all the time structure themselves to be publicly traded on the open market. Well, UPS has been privately owned for ninety-two years, with managers and employees holding a majority of the stock. The old UPS will become a subsidiary of newly created UPS and the common stock will be divided in two classes of stock. Class A stock and B stock will be the two, which will replace the old stock. Class A stock will be transferred to manager....

Number Of Pages: 5

Number Of Words: 1304

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