Originally Posted by
luckypierre
If DL management was considering a spinoff-and they seem furthest down the road of giving up on FF/loyalty programs through their actions-this contractual obligation, especially if it was combined with some degree of transparency about availability, would be a huge obstacle in discussions.
A huge obstacle? Not when you want to get relatively rich(er) and do so rather quickly, and the contract is a way to make that happen.
The spin-offs aren't done out of a sense of altruism. They are done to enrich the self-dealing management teams and rather short-term "investors". Entering into such a contract that helps with a sort of "get rich quick" scheme is not a huge obstacle if there is a will.
Where there is a will in this regard, there may be a way without such contract being a huge obstacle.