RE:Debt reduction and dual ownership Bombardier has too much debt. The rest is a red herring at best, conspriacy theories at worst. If you were to analyse 100 US/CDN companies with closest market cap to BBD, I'll bet Bombardier is in the 5% with most debt to operating cashflow. So of course most institutions being risk averse to known risks or politically incorrect risk won't touch it. They don't mind taking big losses on their bond portfolio though. And on that note, Bombardier has been one of the best performing bonds in the past year. While many others cratered as interests rose, Bombardier because of its improving credit rating, did not and if anything, its bonds went up. This is probably the best pitch to those investors actually, that the risk profile is going down. YMMV.