Did OM's respite cause current Board Takeover
03-17-2016, 08:34 AM
#71
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I do not know that much about Gordon, but my guess is that he is in it only for himself, and then only a figure head.
How likely and how soon is the question.
03-17-2016, 08:43 AM
#72
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Well, since the speculation is that PAR and Altimeter are only here to drain the company of money for their own pockets, my bet would be on Oscar for the better chance at getting contracts.
I do not know that much about Gordon, but my guess is that he is in it only for himself, and then only a figure head.
How likely and how soon is the question.
I do not know that much about Gordon, but my guess is that he is in it only for himself, and then only a figure head.
How likely and how soon is the question.
03-17-2016, 08:57 AM
#73
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He's basically aligned with Frank Lorenzo as part of his "poison pill" to protect themselves.
Before you say OM hasn't entered an agreement with Lorenzo, OM DIDN'T REFUTE IT WHEN FRANK ANNOUNCED THAT OM WAS HIS BOY. It only poses the question of what OM had to promise Frankie for his support.
Before you say OM hasn't entered an agreement with Lorenzo, OM DIDN'T REFUTE IT WHEN FRANK ANNOUNCED THAT OM WAS HIS BOY. It only poses the question of what OM had to promise Frankie for his support.
03-17-2016, 10:46 AM
#74
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This should be a question for all employee groups of United. This bigger questions becomes, how far will OM go to protect himself and the board? He's basically aligned with Frank Lorenzo as part of his "poison pill" to protect themselves.
I don't know legally how close Lorenzo can get to an airline considering rulings from his last attempt at airline ownership but he owns/controls a substantial amount of United stock.
Before you say OM hasn't entered an agreement with Lorenzo, OM DIDN'T REFUTE IT WHEN FRANK ANNOUNCED THAT OM WAS HIS BOY. It only poses the question of what OM had to promise Frankie for his support.
I don't know legally how close Lorenzo can get to an airline considering rulings from his last attempt at airline ownership but he owns/controls a substantial amount of United stock.
Before you say OM hasn't entered an agreement with Lorenzo, OM DIDN'T REFUTE IT WHEN FRANK ANNOUNCED THAT OM WAS HIS BOY. It only poses the question of what OM had to promise Frankie for his support.
How much United stock does Lorenzo own? He doesn't show up on any lists and he hasn't filed any required SEC forms where he is required to state the number of shares he owns. So it's less than 5% of the company - how are you defining 'substantial'?
When did Lorenzo announce that Munoz was his boy?
If you're using that silly 'The Street' article as your only information source, then you have once again jumped the shark.
03-17-2016, 10:55 AM
#75
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This should be a question for all employee groups of United. This bigger questions becomes, how far will OM go to protect himself and the board? He's basically aligned with Frank Lorenzo as part of his "poison pill" to protect themselves.
I don't know legally how close Lorenzo can get to an airline considering rulings from his last attempt at airline ownership but he owns/controls a substantial amount of United stock.
Before you say OM hasn't entered an agreement with Lorenzo, OM DIDN'T REFUTE IT WHEN FRANK ANNOUNCED THAT OM WAS HIS BOY. It only poses the question of what OM had to promise Frankie for his support.
I don't know legally how close Lorenzo can get to an airline considering rulings from his last attempt at airline ownership but he owns/controls a substantial amount of United stock.
Before you say OM hasn't entered an agreement with Lorenzo, OM DIDN'T REFUTE IT WHEN FRANK ANNOUNCED THAT OM WAS HIS BOY. It only poses the question of what OM had to promise Frankie for his support.
03-17-2016, 11:19 AM
#76
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Perhaps Gordo will guide United down the same path as he guided Aloha?
03-17-2016, 11:26 AM
#77
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Gordo was nonexecutive Chairman of Aloha Airlines' Board of Directors from 2006 to 2008. Aloha Air's new chair: Gordon Bethune - Pacific Business News
Perhaps Gordo will guide United down the same path as he guided Aloha?
Perhaps Gordo will guide United down the same path as he guided Aloha?
Did not know this.
It's like putting Kevin Costner in a film. God help us.
03-17-2016, 02:29 PM
#79
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Well, since the speculation is that PAR and Altimeter are only here to drain the company of money for their own pockets, my bet would be on Oscar for the better chance at getting contracts.
I do not know that much about Gordon, but my guess is that he is in it only for himself, and then only a figure head.
How likely and how soon is the question.
I do not know that much about Gordon, but my guess is that he is in it only for himself, and then only a figure head.
How likely and how soon is the question.
03-17-2016, 03:03 PM
#80
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I have to agree with you Dave. Every financial analyst is mystified as to why the hedge funds are acting NOW, post Smisek. It makes no sense if you have the premise that they're concerned about operational integrity. It does make sense, however, if their purpose is to raid the company's cash on hand. Somewhere recently I saw that one of their complaints was "capital allocation" which I would surmise is "cash payouts to share holders".
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