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Old 11-23-2024 | 05:26 AM
  #51  
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Judge Smails
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From: A320
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Originally Posted by Noisecanceller
I tried to go back and understand it. Way to complex for me to understand. They are definitely getting 100% of a $350M equity offering but I’m not sure what that means in regards to control of the business. I couldn’t find an answer.

It would be nice if ALPA could break down the ownership of the company in “the plan” upon exiting bankruptcy in March.
Maybe the company should do that. Why is that the union's job?
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