[PEN-L:11716] Re: UPS

[jf noonan <jfn1@xxxxxxx>]

On Tue, 12 Aug 1997, Ellen R Shaffer wrote:
>
> By the way, on the issue of putting the strike to a vote: has UPS asked
> its shareholders what they think?  Do institutional investors still exist
> out there?

On this point I am curious.  Who are UPS's shareholders?  I've read
more than once that UPS is privately held.  (So how does anybody but
its shareholders and bankers know how much money they made last year
-- I keep hearing $1 billion.)   Today on _Marketplace_, a PRI
distributed and USC produced financial radio show, I heard an
obviously pro management commentator assert that because of the
"substantial" (no estimate given) share of UPS that its employees own
that the strike would be over soon.

Who owns UPS?

How much does labor own?

--

Joseph Noonan
jfn1@xxxxxxx