Originally Posted by
Birdsmash
When do the warrants that AAWW granted AMZN expire? They were issued at a strike of $37.50. To the best of my knowledge AMZN hasn’t exercised their warrants at either AAWW or ATSG.
AMZN has 5 years after summer of 2016 to exercise the first 7.5 million shares. They have 7 years after summer of 2016 to exercise an additional 3.75 million shares.
AMZN can bail out of the entire deal with 180 days notice.
All according to the public proxy statement.