$891 million dollars to change the name?

On June 2, the company said it would record an $891 million charge to change the name of FedEx Kinko’s stores to FedEx Office.

Close to a billion dollars to change the name? Amazing!
Sounds better when they put it as

asset-impairment charge tied to the decision to minimize the use of the Kinko’s name in its retail stores

About Babu Srinivasan

My interests are in computer security, cryptography, functional programming and general aviation. I occasionally write articles on these and other topics in my blog.

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