FlyerTalk Forums - View Single Post - Morgan Stanley Buys Up NW Stock - CO Golden Share Repercussions?
Old Feb 15, 2007 | 10:50 pm
  #13  
PersonalFlotationDevice
 
Join Date: Dec 2002
Location: New York, NY USA
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JEdward, read the above, which in part states that BK or another putative COC must include " result of which...a Major Carrier, any of its Affiliates or any combination thereof acquires, directly or indirectly, Beneficial Ownership of 25% or more of the Capital Stock or Voting Power of a Northwest Affected Company."

No airline is involved in the recapitalization, ergo no COC per their definition.
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