Originally Posted by
acl65pilot
I know that they have looked at Alaska over the last few years, there has been talk about it, but now that we are really getting the milk for free is there a reason to buy them?
I hope so. My fear is that WN will make a very strong offer for Alaska here in the near future knowing what the poison pill entails. Reason being that if we lost that lift via code share it would once again make a huge hole in our route network that we could not fill. That scares me. It is what scares me from a corporate perspective. We put our faith in a business deal with another public company that could be bought, and as a result undermine our business plan.
I guess we may need to get burned by this for the company to learn. Poison pills only go so far.
Question from someone who typically figures out a way to negotiate the price of a car upwards, then lease it, then buy it off the lease...
, and I'm going to pull this one out of my posterior as well here:
My understanding is in a M&A anyone can buy you at any time and the Board of Directors have a fiduciary relationship to what is in the best interest of the company. So, while the codeshare is great for DAL (free milk) isn't also something that is great for AS? Such that being bought by WN and ending the codeshare, among many other things lost if WN takes over, would not be in the best interest of the stockholders?
And on a government approval level possibly not in the best interest of the State of Alaska or Washington?
Not to say this isn't something to worry about but to say it could be an uphill battle winable by AS with some help from DAL/NWA/AF/KLM.
Talking out my butt...... COMPLETE C&F