Our MEC has sent out this mass e- mail to the pilot group that states,
"October 4, 2003
Special Message from Wake Gordon, PCL MEC Chairman
Early today I spoke with my counterpart at Continental Express. In that
conversation I was informed that Continental Express has made an offer to purchase Pinnacle. This information was given to the Continental Express pilots by its management. At this time the COEX union representatives do not know the nature or terms of the offer.
All members of the MEC who were available this morning have been fully briefed. I have also spoken today with our management. At this time, they are unaware of any offer to purchase the company. Given the ownership structure of Pinnacle stock, this fact would not be unusual.
It is reasonable to assume that this information is correct.
I wish to emphasize that this is very preliminary information. Wild speculation as to the potential impact upon our pilot group is just that; speculation. Further, I want to assure you that next week your MEC will working our contacts within the industry to pin down the terms of this offer, if indeed an offer has been made, and gauge its impact upon our company. I wish to further emphasize that you should not believe any of the rumors that an announcement of this type will generate. If you have not heard it from your union representatives, it is probably not true.
Sincerely,
Wake Gordon
PCL ALPA MEC Chairman"
End Quote. Any CoER guys heard anything remotly close to this. Or is My 55 year old MEC chair finaly lost his marbles.
I lean toward the latter>>>>>>>>>>>
Thanks
burg
.
"October 4, 2003
Special Message from Wake Gordon, PCL MEC Chairman
Early today I spoke with my counterpart at Continental Express. In that
conversation I was informed that Continental Express has made an offer to purchase Pinnacle. This information was given to the Continental Express pilots by its management. At this time the COEX union representatives do not know the nature or terms of the offer.
All members of the MEC who were available this morning have been fully briefed. I have also spoken today with our management. At this time, they are unaware of any offer to purchase the company. Given the ownership structure of Pinnacle stock, this fact would not be unusual.
It is reasonable to assume that this information is correct.
I wish to emphasize that this is very preliminary information. Wild speculation as to the potential impact upon our pilot group is just that; speculation. Further, I want to assure you that next week your MEC will working our contacts within the industry to pin down the terms of this offer, if indeed an offer has been made, and gauge its impact upon our company. I wish to further emphasize that you should not believe any of the rumors that an announcement of this type will generate. If you have not heard it from your union representatives, it is probably not true.
Sincerely,
Wake Gordon
PCL ALPA MEC Chairman"
End Quote. Any CoER guys heard anything remotly close to this. Or is My 55 year old MEC chair finaly lost his marbles.
I lean toward the latter>>>>>>>>>>>
Thanks
burg
.
