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Southwest Airlines Co. is ripe for a leveraged buyout

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Old 04-19-2007, 05:01 PM
  #11  
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Originally Posted by dash trash View Post
Speaking on CNBC, Mr. King said the Southwest speculation was "not a joke, and I'm not crazy."
This is why nobody watches CNBC...and he might not be crazy, but he's close.
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Old 04-19-2007, 05:05 PM
  #12  
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Originally Posted by Flyby1206 View Post
Doubtful, any airline who can finance $15billion to buy SWA already has a domestic network(AA,US/AWA, CAL, DAL). The growth now is international. There is also no point in a buyout from private equity, since SWA is already a financially solid company and doesnt need to be repaired and then re-IPOed.
ya'll forget history...NWA was the most profitable high cash flow company in 1989..(bought Republic and paid it off in 2 years) There are people out there (in our case it was Chechi and gang) who sees value in cash flow. They took NWA private (LBO) with 40 million of their money for an unheard of (1990) 4 billion $.........SWA??? it could happen........
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Old 04-19-2007, 08:49 PM
  #13  
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Didn't SWA vote out it's poison pill or golden share a few months ago? I'm too lazy to look it up now, but I'm sure someone will.
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