Deals
U.S. Postal Service Hires Evercore for Restructuring Advice
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The U.S. Postal Service, which forecasts a record $14.1 billion loss for the 2012 fiscal year, said it hired Evercore Partners Inc. to “review and advise” the agency on restructuring.
“The U.S. Postal Service must make fundamental changes to its business model to return to profitability and continue its mission of providing quality service to every address in the nation,” the agency said today in an e-mailed statement.