<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by airbus320:
http://makeashorterlink.com/?T23532C76
Of note in the G&M article is the following:"Existing shareholders of Air Canada will receive a nominal .01 per cent stake in the company."
[This message has been edited by airbus320 (edited 11-09-2003).]</font>
As reported here months ago by yours truly that was always in the cards the moment they filed CCAA. Anyone who bought stock in the interim or who didn't unload what they already had were warned in newspaper articles and by company press releases the stock would be useless.
But, watch for a new stock issue in the next year or so if the company does ok in the new structure.