RE:RE:RE:Unsolicited offer by CC partners and Air Canadahorseraddish wrote: 4 companies worth billions and a low ball offer like that.....hostile takeover attempt at it's best......i say 1.5 billion from each company and we have heads nodding yes. Mittleman doesn't f*ck around and they know he'll laugh in their face
I think that if they offered $8/share it would go through... Or if there is another side to it.
They could do a joint purchase with Aeromexico:
$5 from Aeromexico to buy back the 49% they sold off
$5 from AC to by AP
Mittleman would be crazy to not vote in favour. Their purchase price is in the 2$?