RE:RE:RE:RE:RE:Michel Girard en faveur d'une aide a l'aeronautique et BBDThere are many scenarios but the bond market doesn't seem to agree with you with respect to CCAA. While we're speculating..., one scenario that hasn't been discussed is buying back CDPQ with the proceeds of an equity offering. Alstom deal goes ahead as planned but Bombardier would then own 13-14% - my guess is the family would like that. BA still sees a major reduction in debt but gets revenue from Alstom dividends (if any), certainly the company's creditworthiness goes up exponentially (since the Alstom shares represent cash on hand essentially). Quebec gets upside from this share offering (assuming at $1), family invests more but their share remains the same and probably they have more upside by doing this. We on the other hand lose a good portion of our upside except pref owners, they also win big. YMMV.
pierrelebel wrote: Shamhorish "...and family buys enough of A shares relative new B shares to keep their control?"
Frankly I do not see it. So far, the family has shown ZERO interest in buying common shares at these levels.
As stated before, I suspect their plans is to buy BA for 4 or 5 billion following CCAA.