Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

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TSX:BBD.A - Post Discussion

Bombardier Inc. > Bombardier selling Alstom could be preemptive

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Post by stockitnow on May 04, 2021 7:31pm

Bombardier selling Alstom could be preemptive

Bombardier could be ready to sue Alstom for the 400 million that Alstom withheld. Why keep shares in Alstom when you are going to sue and get your money back but take hit in Alstom sp going down because of it.

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Comment by Acuras1 on May 04, 2021 7:47pm

Just saw your comment and thought it could make sense! I'm keen on further information and details about the premise of a lawsuit:) GLTA.

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Comment by BBDB859 on May 04, 2021 10:21pm

It's sensible. When a company gets sued? Their shares take a tumble. So the Bomber could have held off from suing them while they owned the shares. But I was under the impression that the Alstom shares they got were fixed for the valued of $43.50.

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