Texas Pacific Group To Get $6.4m

[USA320Pilot]

Texas Pacific Group to get $6.4M as (US Airways – America West) merger adviser

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Regards,

USA320Pilot

 

[nycbusdriver]

From the above article:

"The decision by Texas Pacific to not continue a key role with the merged airline parallels that of US Airways' biggest shareholder. The Retirement Systems of Alabama, which led US Airways' emergence from the first of its two Chapter 11 bankruptcies since 2003, has chosen not be involved in the merged company."


If RSA is not going to be involved, why is Lakefield going to be Vice Chairman?

 

[dbcooper]

In actuallity, he won't.......he will be a caretaker until the $55 mil company bonus provision kicks in for whatever the terms are, then hasta lavista baby!