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


To: Alomex who wrote (897)10/6/1999 12:24:00 AM
From: upultra  Read Replies (1) | Respond to of 1033
 
Remember companies are limited to 10% ownership of voting shares. Also the most likely reason for the counter offer is to block the Onex/AA; so they don't need to purchase any more shares than required to block the offer.

Onex joining forces with UAL/LUF is an interesting thought, but I think BOM is taking the Canadian role and that Onex would not be welcome.

cheers,
riker