RE:Gents and.ladies part twoMy suspicions....AC made a back door deal with Group Mach -- withdraw your bid, we will sell you the hotels and properties, and fly people to your hotels. AC knows that they will have to make concessions due to Competiton Bureau. This will be one of their concessions...sell off "non core busines" items.
Group Mach gets what they do best (hotels and properties), AC get the Airline. Now remains the question of how to appease the shareholders to vote "yes".
Only real competiton that AC can't shut down with a back door deal is ONEX.
Holding for now...might sell before the vote if no other offer coming forth. If shareholders vote "no", and AC decides to walk away, with no other offer, look out way down below!!
Cheers and GLTA