Sunday, July 8, 2007

FedEx could lure private equity interest: Barron's

(Reuters) - "One need not get anywhere near the recent double-digit Ebitda valuations of in other industries to get to a share price more than 20 percent above current levels," Barron's said in the report.




The attraction for buyout firms would be the potential to cut capital expenditures to help finance a deal as well as the opportunity to turn around ailing retail unit FedEx Kinko's.


Read more at Reuters.com Business News

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