FlyerTalk Forums - View Single Post - Could AC Buy Transat? 16May19 Update: AC enters into agreement to buy Transat

Jul 3, 2019, 2:50 pm

#228

ridefar

Join Date: Apr 2011

Location: YYC

Programs: AC 50k 1MM, Marriott LT Titanium Elite

Posts: 3,407

Quote:

Originally Posted by 24left

Second bidder for Air Transat says it is withdrawing $14 per share offer

The Canadian Press · Posted: Jul 03, 2019 3:30 PM ET

https://www.cbc.ca/news/business/tra...mach-1.5198909

So they bid with money they didn't have. And they lost. And *after* they lost they are withdrawing their offer. W. T. F.

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