The fact that the company took some of the bennies off the table speaks volumes. They are re-evaluating the deal and working to get their own house in order in the face of some serious industry challenges.
I disagree.
I think at some point ALL 'bennies' will be off the table as management reimburses itself for being forced to do the work of waiting for an arbitrator to integrate 10,000 egomaniacs.
What do you think will happen to NW, DL stock when a merger is announced? Does the phrase thru the roof ring a bell?
That means cheap borrowing power my brother...and that is what will be needed to get to the other side of the current/future economic situation.