Originally Posted by Snowdevil

It's understandable that you'd feel that way if you didn't know the full picture; let me help clarify why this deal made sense. AS has a growth plan of 4-8% annually going forward, with the majority of that taking place in California. Allowing VX to be purchased by a much more formidable competitor like B6 would have severely hindered, if not stopped outright, those growth opportunities.

This purchase was one that AS had been mulling over since October, and only when B6 expressed interest did the price skyrocket. Regardless, AS is comfortable with the debt taken on since they have one of the strongest balance sheets in the industry, and the acquisition was necessary for their future.

This purchase was about securing the future for AS for the next 25 years or more.