Originally Posted by
senatorgirth
That language seems to suggest that a NW/AA hookup would have to happen BEFORE UA/CO do a deal.
I agree with that, but it also seems to me (and please remember, I'm in accounting...not law...for the time being) that NW's emergence from BK would allow CO a way to buy out - or buy back - their golden share.
But then again, if CO's doing the buying than I don't really think NW can do anything... unless CO moves to organize themselves into a holding corp (a la AMR and American).
Neat stuff either way
Originally Posted by senatorgirth
Maybe a giant, Yalta-like deal could be cut between UA/CO/NW/AA involving the poison pill, aircraft, routes, slots, and/or cash??? I think I hear investment bankers and corporate lawyers panting in the background...
So that's what I've been hearing