FlyerTalk Forums - View Single Post - Continental Pre/Post Merger Speculation Discussion Thread

Apr 17, 2008, 10:23 am

#1234

bernardd

Join Date: Jan 2007

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Quote:

Originally Posted by bocastephen

Really? The book value of CAL is just 2.13 billion? Please cite...

I believe the reference should have been to Market Cap. which is indeed around $2.1 billion.

Total stockholders equity in the last 10K filing was $1.55 billion, though that included an, IMO, somewhat dubious asset of $222 million worth of "Airport operating rights, net of amortization"