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Johann Galt

Johann Galt
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  • Sell AMR Corp. As Shares Spike [View article]
    not sure a hostile takeover is possible while AMR is in chapter 11.
    Jan 11 11:32 AM | 1 Like Like |Link to Comment
  • It's Not Too Late To Sell AMR [View article]
    "One possible positive for the stock could be some sort of buy-out of AMR by another airline possibly U.S Air (LCC), or a foreign carrier. I do not see this as a real possibility because if there was a deal to be made, AMR would have made it."

    -- While I agree with the assessment, it is worthy of consideration that in 2001 AMR acquired TWA shortly after TWA filed bankruptcy. The deal had been rumored for at least a year, but apparently couldn't go down until TWA shed it's debt obligations.

    Just some historical perspective wrt AMR and bankruptcy.
    Dec 6 09:46 AM | Likes Like |Link to Comment
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