Originally Posted by YOWkid
Not sure if Milton needed to buy CP to save his job. He needed to buy CP because the Canadian Government basically forced him to.
HEHEH you have been listening to AC employees..... CP/Onex offered to buy AC.... Milton ran to the banks raised the offer and bought CP....
The union would love to blame it on the govt...
For once the Govt stayed out.... If the Govt had jumped in it would have given Onex the right to increase foreign ownership.... However they stayed out.
Oh and everyone seems to forget... Milton bought the Union with a sweetheard union NO layoff deal and $1 billion... and then gave the shareholders money...
Anyhow Milton had his monopoly and he blew it.