Michman From United States of America, joined Dec 2006, 540 posts, RR: 0
Reply 3, posted (7 years 8 months 3 weeks 4 days 7 hours ago) and read 2260 times:
Bankruptcy does not affect the golden share and it remains in effect until 2025.
The change of ownership of NW MUST involve not just new investors, but also another
airline. As long as another airline does not take an ownership interest in NW,
the golden share remains in effect. This is clearly spelled out in the revised
terms of the golden share. Unfortunately, many continue to refer to the original
terms which were somewhat murky.