Thread: Westjet sold
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Old 05-13-2019, 09:10 PM   #22
bizaro86
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Quote:
Originally Posted by Manhattanboy View Post
Wonder if they figure the shares were significantly below market and think they can add value over time and then exit with an IPO?
Yes, that is the business they are in. They buy companies, often with debt, and attempt to improve them and sell them for more money later. Sometimes to a strategic buyer, but in this case it would almost certainly be an IPO.

Quote:
Originally Posted by stampsx2 View Post
Could Onex potentially be buying low then maybe a year later sell to a different buyer?
It would almost certainly be more than a year. The average is probably more like 5-7 years.
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