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