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Will the USPS  privatize mail like Britain Royal Mail by 2016?

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Will the USPS privatize mail like Britain Royal Mail by 2016?

Asked by: Super UserKentoine Johnson in General » Other
Settled on 01/31/2016 12:30 Settled by Super UserKentoine Johnson
Winning option:No USPS is not privatize by 2016

Predictions

Background

LONDON – The U.K. coalition government has confirmed plans to privatize the country’s 500-year-old Royal Mail this fall.

Business Secretary Vince Cable said Thursday an initial public offering of a majority stake in the postal service was scheduled for the coming weeks.

Officials say the expected stock sale will be open to members of the public as well as to larger institutional investors.

The minimum investment will be set at 750 pounds ($1,224 Cdn) with Royal Mail employees getting a slice of the stock offering.

Even as the announcement of the IPO was made, the Communications Workers Union was planning to ballot workers for possible strike action.

The union is opposed to the stock plan because of fears of potential job losses.
http://globalnews.ca/news/835476/britain-to-privatize-royal-mail/

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   Super UserBuckeyeTom predicted No

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