Originally Posted by wjcandee

Amazon had the right to pay that $131 million for the shares and immediately-resell them, which would have yielded about a $270 million profit, as the shares had risen so that the market price of a share today was more than 3 times the price at which the warrants were exercisable. Instead, they say they're planning to hold onto the shares, which makes them ATSG's largest shareholder.