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