insp89 said:
Time will Tell,
But, Considering all the naysayers [ stock holders, employees, etc...from competing airlines] that post their self-serving drivel on here lately,
Seems to lead me to believe that deep down they actually believe the opposite.
[post="273446"][/post]
Let's put the naysayers to rest once and
for all.
Fact: Investors have one goal and that is
to earn a return on ther investment. Agreed?
Result: Several major investors have decided
to financially back the plan that has been
offered by HP/US.
Fact: Lawyers are for the most part smart
people who can read and write contracts
that achieve a desired result.
Result: There are many lines of small print
in the merger agreement that satisfy the
lawyers and the investors enough that
they are willing to invest in the deal.
Fact: US Airways owes a large sum of
money to numerous creditors.
Result: The deal is structured to assure
the creditors will eventually see some
return on their money. As far in the hole
as US currently is, most creditors will
gamble on the future of US/HP rather
than forcing asset liquidation and
receiving next to nothing.
Opinion: If the horse was dead, none of
the investors, creditors, or lawyers would
be willing to put in the time or effort needed
to close the deal. In other words, there is
a lot more to this deal than the average
layman knows or wants to know, and
the plan must be extremely attractive.
If US was the entity that will be carrying
the deal forward, I would have serious
doubts about the viability of the plan. As
we have all seen, CCY projections have
been poor at best over the past few years;
however, HP will be in control of the new
company and their track record is much
better. I am positive the deal will be
successful long-term.
