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A comment on FedEx responds to The New York Times article from Nov. 17, 2019. Parent comment

Re:FedEx responds to The New York Times article from Nov. 17... by RC_ITR on Monday November 18, 2019 @03:52PM (#21568033)
You're missing the giant acquisition they made between the $3B & that $5B... https://about.van.fedex.com/newsroom/fedex-acquires-tnt-expr...

Take that out & how does it look?

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Re:FedEx responds to The New York Times article from Nov. 17... by cascom on Monday November 18, 2019 @04:12PM (#21568189)
I don’t follow - that’s not CapEx, and 4.4B EUR on ~$70b in EV does not make the acquisition giant in relative terms
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