Originally Posted by
taliesin
If they haven't resolved valuation and management structure, what exactly have they resolved? It seems to me those would need to be the very first matters to decide. If you haven't settled on a price, you're not close to closing the sale.
The 800 lb gorilla is LCC's labor issues - Pilots, FAs. AMR mgmt, BOD can and should take the position that nothing can happen until and unless Parker has new contracts in place. The MOU between AA and LCC pilots is interesting, but was never accepted by either mgmt, isn't worth the paper it is written on without it.