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Old 05-18-2016 | 07:41 PM
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Originally Posted by RetiredFTS
Is there any scenario where management reduces debt to a takeover threshold and also gains massively from that takeover? At some point our leaders could just say Fcck it and cash out, right? Or not?
Originally Posted by RetiredFTS
Is there any scenario where management reduces debt to a takeover threshold and also gains massively from that takeover? At some point our leaders could just say Fcck it and cash out, right? Or not?
At a time in the industry that no one has ever seen, I don't think that a takeover of one of the three behemoths in the US airline structure is possible (at least for the next five years). The standard of carrying $5B of debt in the years' past may be worth challenging from the investor standpoint. Maybe they are smart in dropping it to the $4B mark, but it still doesn't take away from our stance of being able to afford the first round draft picks. We were hired by a champion to defend the championship, and that's it! The good news on all of this is that, unlike the gov't, they can't destroy any files or drives to hide the money. It's there now and will still be there on record during the process of mediation. The money is there and/or was there without any credible denial. The ball's in our court. Hold the LINE!!!
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