Word: bonderman
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...unorthodox agreement, Northwest will buy 14% of Continental's common shares--but 51% of the company's voting shares--effectively creating a domestic and international network to compete with megacarriers like United and American. The Continental shares are being sold by Air Partners, controlled by investor David Bonderman. Continental was operating on a wing and prayer five years ago when Air Partners and Air Canada (which since sold its shares) each invested about $50 million to lift the carrier out of bankruptcy. Last week Air Partners sold its remaining shares for $519 million. The alliance will boost Northwest and Continental...
...MAJOR INVESTORS IN CONTINENTAL AIRLINES AND NORTHwest Airlines are quietly talking merger. DAVID BONDERMAN, whose investor group controls 28.7% of Continental Airlines, and RICHARD C. BLUM, a key Northwest Airlines board member, recently held a secret meeting in the very conspicuous Hotel Bel-Air in Los Angeles. If the two can work out the snags -- such as the fact that Air Canada owns a chunk of Continental -- Bonderman and Blum could make a deal that would shake up the airline industry...