Replies to post #13021 on American Airlines Group Inc (AAL)

[mange]

That's the only thing got me freaked out, but after all the posts, I feel more optimistic...

[stevelwr1]

It is, but shows another reason why AAL should make it clear. Press has not been following closely, covering the merger and its implications, but not the conversion.

[makeitorbreakit]

i believe they are off by one decimal point, it should be .665 not .0665 the dumbarses

[PinkBu]

Hiep's Finance's final formula for AAMRQ-LCC conversion
December 6, 2013

http://hiepsfinance.com/2013/12/06/hieps-finance-s-final-formula-for-aamrq-lcc-conversion/#more-1086

I don’t have much time to comment much on this merger right now, so I will just go ahead and post what I consider to be the final AAMRQ conversion formula:

AAMRQ stakeholders officially receive 544.4 million AAL shares. Each AAL share is worth an LCC share. Using the approximate number of AAMRQ shares outstanding 335.5 million, and the approximate debt of $8 billion, the share conversion formula is:

AAMRQ = (LCC*544.4 – 8,000) / 335.5 = LCC * 1.623 – $23.85

At the current LCC price of $22.5, each AAMRQ share should be worth $12.67 after the conversion.

[Don'tDrinkTheKoolAid]

Yeah that i way off. Sounds like someone missed the boat and are a little disgruntled.