LH buying 25% stake in B6

[Pi brat]

Why bother with stapling when 90% of the entire B6 workforce is junior to people already at UAL?

Not under ALPA merger policy.

 

[DaveHelm]

Amusing LH chooses to invest in jetBlue instead of their Star partner UA!

 

[PHX Flyer]

I stand corrected; the deal has closed:

Actually, this was not not the only deal: last week, on 2/7/08, Deutsche Bank filed a SC 13G with the SEC announcing the purchase of a 5.22% stake in jetBlue. Hence the Germans now hold 24.22% of the shares, just below the maximum of 24.99%. Deutsche Bank, btw, is also a major shareholder of Lufthansa.

 

[Nor'Easta]

Why bother with stapling when 90% of the entire B6 workforce is junior to people already at UAL?

And all of the B6 workforce is non-union. :blink:

 

[Borescope]

[quote name='Nor'Easta' post='573300' date='Feb 16 2008, 11:40 PM']And all of the B6 workforce is non-union. :blink:[/quote]
Doesn't matter.......Bush signed into law a few weeks ago a law providing fair and equitable treatment of employees during mergers.