What's new

We Are Now 'in Play'

Pylit

Member
Joined
Nov 28, 2002
Messages
87
Reaction score
0
This just in.....

Pitts Post Gazette, Feb 3

Sallijo Freeman, owner of Kennesaw, Ga.-based Legal Research Inc., has filed a document with U.S. Bankruptcy Court Judge Stephen Mitchell expressing an "interest in the acquisition of US Airways.

read more here: http://www.post-gazette.com/pg/05034/451915.stm

And you thought it was going to be Mr. Virgin!
 
ignore this offer, I know management and the board will and have!
 
First 'Bama, now Georgia, what is it with the durty south and US Airways?
 
usairways_vote_NO said:
To bad its up to the judge and not them
[post="245051"][/post]​
The judge only plays a role , and no role after we exit bk!
 
The judge does and will decide if any offers are made.

Case in point, ATA airlines had a deal with AirTran for AirTran to by assests from ATA, WN and HP got involved, HP dropped out and the court decided that WN's bid was better then AirTran's and WN got the assets as they bid more and offered more then AirTran.

Judge decided that.
 
She declined to disclose potential partners but said "all of the funds are coming from overseas."


I don't know if it would exceed the foreign ownership regulations anyway.
 
This is an anonymous front making the offer. It's quite common to do that, so as to avoid paying more for the business than necessary.
 
usfliboi said:
ignore this offer

Ever heard of a hostile takeover bid? If they are serious I am sure Bronner would dump this company in a minute and run with the cash anyway!!!!!
 
It's not Bronner's decision. He has already lost his investment in the company, barring some stroke of fate.

And it's not your cash. It belongs to the creditors...they are contractually owed money. You may have a moral claim to the cash, but bankruptcy laws don't look at that.
 
usfliboi said:
The judge only plays a role , and no role after we exit bk!
[post="245065"][/post]​

Hello.....Sallijo Freeman, owner of Kennesaw, Ga.-based Legal Research Inc., has filed a document with U.S. Bankruptcy Court Judge Stephen Mitchell expressing an "interest in the acquisition of US Airways.


The judge it's da judge mon
 
Back
Top