Originally Posted by MD80

I disagree.

If you have ever owned a stock or bond that hits financial trouble you would know that you own your shares until bankruptcy. Midwest never declared bankruptcy. Delta can take "tax" write-offs, but unless you sell or give the shares to someone you still own 47%.

TPG as a private company has started 5-6 private partnership LLC... TPG Midwest Gen Par LLC, TPG Midwest Partners V LLC, TPG Midwest USA LLC, TPG Midwest Internatioonal LLC, ...

Everyone talks like Republic bought Midwest. But if you read the Republic - TPG deal it is a "Merger" not a purchase. TPG Midwest and Republic merged companies with the TPG owners getting a board sit at Republic.

It's all in the fine print

The TPG/NWA/Delta/Republic deal has been hidden behind closed doors because the majority owner is a privately held company. I think the truth of the TPG/NWA purchase is still untold.