Strikefinder
Captain Backfire
- Joined
- Jun 11, 2002
- Posts
- 114
I must have an outdated copy of LOA91, since mine specifies 50.1%, rather than 37.5%. In any case, what you posted there follows the spirit of what I posted, and I don't see how it applies to this transaction.
To the best of my knowledge, CHQ is gaining zero common or preferred stock at MDA. In fact, since I don't know if MDA ever formally incorporated or not, there might not be stock to own in the first place.
Airplanes are not shares of a company. Again, if I buy a television at Best Buy, I'm not buying a piece of Best Buy. I just bought a TV. There's nothing to stop MDA from selling all the 170s to CHQ and then buying 100 Airbuses (other than conflicting other contracts), but if such a thing happened, there's nothing that CHQ/REP could do to stop it, since we're not in control of any part of the corporate entity that is MDA.
Again, I'm not a lawyer, so my perspective could be skewed. Do you have any reference to an acquisition of common or preferred stock by Republic of MDA?
To the best of my knowledge, CHQ is gaining zero common or preferred stock at MDA. In fact, since I don't know if MDA ever formally incorporated or not, there might not be stock to own in the first place.
Airplanes are not shares of a company. Again, if I buy a television at Best Buy, I'm not buying a piece of Best Buy. I just bought a TV. There's nothing to stop MDA from selling all the 170s to CHQ and then buying 100 Airbuses (other than conflicting other contracts), but if such a thing happened, there's nothing that CHQ/REP could do to stop it, since we're not in control of any part of the corporate entity that is MDA.
Again, I'm not a lawyer, so my perspective could be skewed. Do you have any reference to an acquisition of common or preferred stock by Republic of MDA?