OK, here's the deal. NWA/DAL expects the merger to create, what $1 billion in "synergies?"
Here's the deal. They can't do it without the us. They can't do it without being able to shuffle planes/bases, etc.
We won't be able to vote on the SLI. This is our only chance to utlize leverage. Yes, even in this environment, we have leverage, and plenty of it.
Let's get more. Let's get paid in advance instead of vague promises for future payoffs that never, EVER get fulfilled.
Let's vote against this. Managment is going to get paid millions. We need more now, not later.
They cannot do this without us. Let's go on the offensive and flex our leverage. We've been waiting for the chance to do this. We are the only two companies (other than SWA) who can seriously challenge managment for more money NOW. Let's get it.