Something else to think about the arbitration. I don't know how it works exactly to know if this would play into it BUT if you recall earlier this month’s GPC consolidated their workforce and closed their Waltham, Mass plant. Maybe it doesn't play in but I can think of two negatives to GPC from this: 1-if I were going into arbitration in Mass. I don't think I'd be trying to be unfriendly to the locals. 2-Perhaps a disgruntled employee whose been let go wants to speak to some lawyers from the other side?
I'm sure they have good legal representation but I am wondering if GPC, being based in Germany, is affected by a difference in culture and perhaps their legal system as well which may be influencing management’s determination to proceed and not settle.
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