Cdfmxtech From United States of America, joined Jul 2000, 1338 posts, RR: 27 Posted (13 years 8 months 4 weeks 21 hours ago) and read 844 times:
What do you think of the proposed Continental - Northwest Airlines settlement. Continental would essentially regain its independence, yet the carriers would retain their partnership. The threat of an NWA takeover would no longer be...
DCA-ROCguy From United States of America, joined Apr 2000, 4490 posts, RR: 33
Reply 2, posted (13 years 8 months 4 weeks 21 hours ago) and read 836 times:
The settlement gets the job done. The settlement isn't ideal, I would have liked to see Northwest divest all Continental stock. But they divested enough to ensure Continental's independence, and to my surprise they quickly arrived at a split-the-difference figure on the share price. And NW and CO can still operate their code-share alliance, which doesn't seem to me anti-competitive. Ownership, not alliance, was the problem.