WorldTraveler
Corn Field
- Joined
- Dec 5, 2003
- Messages
- 21,709
- Reaction score
- 10,662
ANDERSON
You're 100% right about that... Anderson leaving United Health for DAL was all part of the NWA/DL merger plan. Richard Anderson has some very strong connections at NWA. Doug Steenland will be out the door asap.
NWA GOLDEN SHARE / CAL MERGER
The ONLY reason UAL is part of the talks, is in order to resolve the "Golden Share" issue that NWA holds over CAL. It will either be a cash transaction, assets or routes that NWA & DL will seek from UAL for it's approval of a UAL/CAL merger. Routes and assets may be offered instead of cash in order to satisfy the balance sheet and keep the investers financial exposure at a minimun with UAL.
LHR slots.