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EA CO AS
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BusinessWeek: AS Considering HP/US Buyout

Fri Jun 03, 2005 8:47 am

Amazingly enough, BusinessWeek ran an article claiming Alaska Air Group is looking to get in on the HP/US merger:

http://www.businessweek.com/magazine/content/05_24/b3937128_mz027.htm

Some pros close to the industry say Alaska Air Holdings (ALK ), which owns Alaska Airlines, may make a bid to buy AWA, without disturbing the proposed merger, leaving Alaska the bigger shareholder in the new merged company. Vincent Carino, president of Brookhaven Capital Management, which owns AWA and Alaska shares, says: "Alaska's top management is considering a move to buy America West to gain critical mass and to better compete in the fiercely competitive industry -- and avoid being a takeover target itself." One major West Coast airline analyst, who didn't want to be named, says it would be "a great deal." Alaska's management "is capable of doing it -- and it should," he says.

Personally I don't buy it - especially since they incorrectly identify ALK as Alaska Air HOLDINGS - but management has been doing some off-the-wall things lately, so who knows?
"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan

Comments made here are my own and are not intended to represent the official position of Alaska Air Group
 
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mariner
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RE: BusinessWeek: AS Considering HP/US Buyout

Fri Jun 03, 2005 8:50 am

HP/US - And Alaska? (by Mariner Jun 3 2005 in Civil Aviation)

cheers

mariner
aeternum nauta
 
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EA CO AS
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RE: BusinessWeek: AS Considering HP/US Buyout

Fri Jun 03, 2005 8:57 am

Oops! Sorry - I didn't see that one.

Mods, feel free to delete.
"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan

Comments made here are my own and are not intended to represent the official position of Alaska Air Group