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New IBT Tactic

don't matter dude///NMB looks at it as a friggin' merger....and will rule the same.....have a nice IAM day my friends... 😉
 
This is it:
13-Jul-2005
Entry into Material Agreement, Financial Statements and Exhibits

US Airways Group will sell to the Tudor Investors, and the Tudor Investors will purchase, shares of US Airways Group common stock for a per share purchase price of $16.50 and an aggregate purchase price of $65 million, payable in cash. The Tudor Investors, together with the investors who entered into the Wellington Agreement and the May 19 Agreements (collectively, the Equity Investors), have made equity commitments of $565 million in the aggregate.

I like this part and so does the NMB under accuisition of control in 19.0 merger.
The Merger Agreement provides that, upon the terms and subject to the conditions set forth in the Merger Agreement, Barbell Acquisition Corp. will merge with and into America West Holdings (the Merger), with America West Holdings continuing as a wholly owned subsidiary of US Airways Group.

Read this:

ok 7, who owns us airways group now?????


HAVE A NICE IBT DAY :up:
 
US Airways Group owns AWA.

Thanks again for proving my point.

You can try to spin it anyway you want, but AWA holdings is owned by US Airways Group.

And US Airways Inc, is not and was not Barbell.

Allow me for me to present the actual truth for you.

http://www.donlinrecano.net/dr201/mwc/04-1...002399-0004.pdf

Although the merger is structured so that America West Holdings
will become a wholly owned subsidiary of New US Airways Group at closing, America West Holdings will
be treated as the acquiring company for accounting purposes in accordance with Statement of Financial
Accounting Standards, or SFAS, No. 141, ‘‘Business Combinations.’’

That means (for those of you that might dump lavs as opposed to consider accounting and security standards) that HP acquired US. The name on it is meaningless.

But hey, I'll bring you more: from http://www.usaviation.com/forums/index.php?showtopic=20775#

(it's a quote from another PDF in docket 2399):

Although the merger is structured such that America West will become a wholly owned subsidiary of US Airways Group at closing, America West will be treated as the acquiring company for accounting purposes under SFAS No. 141,“Business combinations,†due to the following factors: (1) America West’s stockholders are expected to own approximately 37% of New US Airways Group common stock outstanding immediately following the merger as compared to certain former US Airways Group creditors who will hold approximately 12% (these percentages
reflect certain assumptions concerning the likely exchange of certain convertible debt and the impact of certain securities that are dilutive at the per share purchase price paid by the equity investors); (2) America West will receive a larger number of designees to the Reorganized Debtors’ board of directors; and (3) America West’s current Chairman and Chief Executive Officer will serve as Chairman and Chief Executive Officer of the Reorganized Debtors following the merger.

Reading comprehension. Use it. Love it.

Don't let the facts get in your way.
 
Suddenly 7 is quiet, he must be waiting on the local to call him back with the talking points, or he is out dumping a lav...7 remember to hook the big hose up before you pull any handles....
 
😳 lolololololololololololololololmfao. :mf_boff:
HELLO HOT LINE!!!
Don't let the facts get in your way.
 
HOW MANY TIMES DO WE HAVE TO TELL YOU ?
FROM 19.1 Merger
Merger is a consolidation, merger, purchase, lease, operating contract, acquisition of control, or similar transaction of two or more business entities.
If you are really getting technical and research the actual merger documentation, America West Airlines was named the sole surviving carrier of this merger!
 
If you are really getting technical and research the actual merger documentation, America West Airlines was named the sole surviving carrier of this merger!
Yeah.........and the name was kept due to a higher recognition.........good or bad...........but that's it. Who's in charge?? Where's corporate located??
 
and yes ladies and gents....at the end of the day it will be single carrier status and IAM ruling with not enough cards now or when NMB rules to have an election...
remember,fred said :lol:
 
View attachment 4142
Is it too hard to understand you proved my point?
America West Holdings continuing as a wholly owned subsidiary of US Airways Group.
Thanks again!

subsidiary company
NOUN: A company having more than half of its stock owned by another company.

What you fale to see is that U S AIRWAYS GROUP is the new company U S AIRWAYS INC's no longer exist your stocks were zeroed out. Like filling chapter 7, gone That means (for those of you that might dump lavs as opposed to consider accounting and security standards) that HP acquired US. The name on it is meaningless.

http://www.donlinrecano.net/dr201/mwc/04-1...002399-0004.pdf
 
What you fail to realize US Airways Group is not a new company it have been around for years and has and is the parent of US Airways and other companies such as Piedmont, PSA, Allegheny, Material Services Inc, and a few others.
 

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