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ies, management team with substantial indus- try experience, incredible alignment of incentives with shareholders, and significant insider ownership Jacobs founded and led four highly successful companies. including two public corporations that he grew through successfully consolidating historically fra
ion has improved after acquisitions. 3) Two transformative deals in the past six month have raised concerns in the investment community around Mr. Jacobs' strategic view and XPO's leverage. This triggered the sell-off, which we believe is a buy opportuni- tY. On April. 2015 XPO announced the acquisiti
biggest mistake in that period was passing on the extremely good businesses we always knew want to buy whenever the market tanked. We looked at Costco (COST) and Google and other great companies and we passed. You own Google now though. correct? JG: We do. We have owned (Concaved on page 2?)
ashingtonpost.comMational-security/michael-cohen-released-from-prison- retaliation/2020/07/23/f8adefe8-ecf9-11ea-91f1-28aca4d833a0_story.html> (7/23, Jacobs, 14.2M), Politico <https://www.politico.com/news/2020/07/23/court-orders-michael-cohens-release-379941> (7/23, Gerstein, 4.29M), Bloomberg <https:/
10, 0:20, Muir, 6.89M) reported that its toxic "if absorbed through the skin and possibly fatal if ingested." The products were sold at Walmart and Costco. Shortage Of Pipette Tips, Other Lab Supplies Hampering Efforts To Track, Curb Coronavirus Spread. The New York Times <https://www.nytimes.com/2020
ent Jewish people and virulently racist remarks against such Black leaders as President Barack Obama and Nelson Mandela." The Washington Post (7/23, Jacobs, 14.2M), Politico (7/23, Gerstein, 4.29M), Bloomberg (7/23, 4.73M), Reuters (7/23, Freifeld), Axios (7/23, Rummler, 521K), USA Today (7/23, Phillip
10, 0:20, Muir, 6.89M) reported that its toxic "if absorbed through the skin and possibly fatal if ingested." The products were sold at Walmart and Costco. Shortage Of Pipette Tips, Other Lab Supplies Hampering Efforts To Track, Curb Coronavirus Spread. The New York Times (7/23, Wu, 18.61M) reports,
ent Jewish people and virulently racist remarks against such Black leaders as President Barack Obama and Nelson Mandela." The Washington Post (7/23, Jacobs, 14.2M), Politico (7/23, Gerstein, 4.29M), Bloomberg (7/23, 4.73M), Reuters (7/23, Freifeld), Axios (7/23, Rummler, 521K), USA Today (7/23, Phillip
10, 0:20, Muir, 6.89M) reported that its toxic "if absorbed through the skin and possibly fatal if ingested." The products were sold at Walmart and Costco. Shortage Of Pipette Tips, Other Lab Supplies Hampering Efforts To Track, Curb Coronavirus Spread. The New York Times (7/23, Wu, 18.61M) reports,
Entities connected to both Jacobs and Costco

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