Originally Posted by
ToiletDuck
CAL can't merge without NWAs approval. The only way around that is if NWA itself merges. I doubt NWA would want them to merge unless with them.
We can merge or buy, the problem is we have to pay a large amount of money for that golden share. Cal would be a lot better off if the mergers did not happen and we were allowed to grow on our own at our own pace. The problem is that right now we are not large enough to compete against a combined DAL/NWA.