Originally Posted by
TWA884
No, but the non-Israeli family members with a history of shady business practices are likely to be the ones who will be pulling the strings and thus, for all practical purposes, controlling the company.
Why did Carl Icahn take over TWA?
Agree on pt 1 and said as much, doubt the kid is using his own money
Pt 2 why did Warren buy USAir,Southwest,United,Delta etc etc Warren lost on his bet, Icahn I believe made out like a bandit But TWA was a US carrier not an Israeli where the demands from all sides are a killer and where the employees kill you with their wages and benefit demands. If they cant get the employees to take haircuts in regards to wages and benefits its over before they even start.