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ABX Air also said it is in discussions with DHL regarding ABX Air’s $92.3 million note payable to DHL. ABX Air has obtained a commitment from certain shareholders of CHI to provide subordinated financing for a portion of that amount if it becomes necessary to retire the note.
interesting.
Interesting indeed. They figured this would happen, the question now is what will it lead to?
Apparently DHL has possibly "called" it and ABX is prepared to pay it. What does this mean for ABX as a takeover target? If they pay it, they are then free to buy back their own stock I believe.
Welcome to the circus Cappy and ATI.