FlyerTalk Forums - View Single Post - Morgan Stanley Buys Up NW Stock - CO Golden Share Repercussions?
Old Feb 15, 2007 | 11:12 pm
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J.Edward
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Originally Posted by PersonalFlotationDevice
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.
Thanks, that helps.

Last edited by J.Edward; Feb 15, 2007 at 11:30 pm
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