I heard that some news organization had a story about Penske Aquiring Ryder on this morning. Does anybody have any details?
Discussion on CNBC this morning noted rumors that Ryder was in play with speculation that GE (Penske's parent) was going after it. Note that these were reported as "rumors" and the commentators also stressed that rumors along these lines have surfaced in the past.
True- Penske has been looking at Ryder. I don't think that anything will happen in the next year.-Ryder Employee
Why not ?What have you heard (that you can reveal) ?Any info would be appreciated.Why is the stock drifting up ?Thanks in advance
A quote once made at a Miami meeting a few years back," there is not enough billions out there to take over this company". Maybe someone does have a buck or two. Hope so! Retired Ryder System Employee
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