Quote:
I thought for a second to add "essentially" before the word diluted, but wrongly guessed you'd understand. Originally Posted by DirkDiggler
Dilution... I'm not sure you understand what that means. The only way Inc's shares can be diluted is if they issue have another issuance of Inc's stock or Inc's employees exercise options causing the number of outstanding shares to increase. Therefore decreasing the earnings per share and giving each shareholder a smaller slice of the pie. Inc holds shares of the ExpressJet Airlines Inc corporation and the SkyWest Airlines Inc corporation as the holding company. They can sell a percentage of those shares to United. It's as simple as that. Those shares are not publicly traded. It's private equity by a publicly traded company.
Selling 40% of ExpressJet would decrease earnings.
So please back to what you originally disagreed with. Provide proof of this extremely rare thing you speak of.
Skyw surely would have to tell share holders that they don't actually hold shares in the airlines because they are private.
Again.
If UAL wants partial ownership or full ownership of express jet, we are talking divesture, or maybe possibly a spin off from INC.