It will, because VIH own Cougar, or at least they did
Actually Ken Norrie owns Cougar, as he does VIH and VIH-Cougar and other companies.
What is being sold off is VIH, which is the domestic VFR fleet and operations.
Mustang and Yellowhead have split the VFR fleet but VIH have kept the operating certificates.
Partially true.....