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Gold/Mining/Energy : Air Canada is taking off? -- Ignore unavailable to you. Want to Upgrade?


To: louie who wrote (892)10/5/1999 9:05:00 AM
From: Alomex  Read Replies (1) | Respond to of 1033
 
.Do not sell yet the bidding war is just beginning.Onex will now have to make a realistic bid for Air Canada.

This I agree with. Onex will likely up their offer to around 10 per share, which is where the stock is currently trading out and a 50% premium over trading price in the summer. Plus AC shareholders will have a chance to hold on to AirCo shares which are likely to go up after the deal is approved.