FlyerTalk Forums - View Single Post - Delta in talks with AmEx to Unload Early Sky Pesos
Old Apr 13, 2020, 11:51 am
  #14  
Dieuwer
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Join Date: Aug 2005
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Originally Posted by Duke787
The AMEX/DL overlap continues to point to Buffet at some point (even if he sold to get below 10% a few days ago). Wonder if DAL would consider spinning off SkyMiles and selling a stake to Buffett and AMEX as another alternative to generate cash.

Presumably both would benefit from the data



True though is Buffett gives tacit approval on something like this, I assume his large stake in both would help carry the day with shareholders from both sides.
Buffet sold most of his DL stske: https://seekingalpha.com/news/355841...airline-shares
https://seekingalpha.com/filings/pdf/14057637.pdf
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