Swift Air/iAero. What you should know
#381
New Hire
Joined APC: Nov 2023
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#382
Gets Weekends Off
Joined APC: May 2018
Position: 737
Posts: 145
what does any of this even mean
#383
F138-
#384
On Reserve
Joined APC: Mar 2024
Posts: 23
#385
On Reserve
Joined APC: Mar 2024
Posts: 23
Eastern made a bid - and JC the former CEO of Swift who got ousted last year appears to be heading it up
Stalking Horse means it is a bid made before auction starts - sets a baseline for bidding to go from there... That is if there are any other bidders.
Their offer is to buy the assets in exchange for a $70M note to the senior lender. Anyone who bids higher has to pay them a $2M breakup fee as well.
Stalking Horse means it is a bid made before auction starts - sets a baseline for bidding to go from there... That is if there are any other bidders.
Their offer is to buy the assets in exchange for a $70M note to the senior lender. Anyone who bids higher has to pay them a $2M breakup fee as well.
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