Originally Posted by
Bill Lumberg
AS stock right now is a lot hiring than ours, and they have over $1 billion in cash. It would be a cash transfer to pay off our own debt coming up here. That is key. RA wants to use their cash to pay off our own debt. Merge them in, pay off their management, and use their cash. There would be very little Government opposition, since there is very little route overlap.
ALK's stock value is around $1.24 billion. Delta could use Alaska's $1 billion in cash and only have to pony up $240 million. However, I do think there would have to be an incentive to the ALK shareholders so who knows how I the value would be. Either way, we would finally have a West Coast presence!