STAR Alliance members are rescuing AC with a 35% stake.
Isn't that OVER the limit of 25% of shares by a foreign company?
Are other OneWorld members willing to just let Canadian go without a fight? Or a takeover?
Is ONEX just all talk and no action? Would they still buy Canadian and make it a better company to operate?
Isn't the proposal now a disguise in a complete merger? Note that about 10 years ago when Canadian bought Wardair and promised that it would operate it as a different company. Well, that didn't last very long....
Must be a Canadian thing !