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Old Apr 19, 05, 2:42 pm
At Large
Join Date: Jan 2002
Location: oakville Ontario canada;AC*SE
Posts: 16,985
Originally Posted by proview
In the Aeroplan case, I am sure that if anyone offerred a billion dollars cash for 49 per cent of Aeroplan while leaving Air Canada (ACE) in control, Mr. Milton will jump at it. The problem is convincing possible candidates to bid up to that level.

Just my opinion.

My sources in the investment community tell me that investment bankers are lined up at the door to do that deal for AC at very high multiples and Milton is going to take advantage of that market position.
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