Another Interesting Takeover Option? $9 - $20 Range Actually, good idea.
TD, CIBC, and Visa can acquire their interests on the open market.
Then, everybody (current Aimia shareholders, TD, CIBC, and Visa) can sell to Air Canada at a significant premium.
Air Canada has lots of cash.
Takeover price by Air Canada could range from $9 - $20.
KingAce wrote:
KingAce wrote: Wouldn’t it be cheaper for them to just each buy 17% of the company and overthrow the board
Or 12.6% each since their is 4 partners...my bad