If the CAA was being broken up
You think that "wee eck" and his chums would know anything about regulation, ATM, etc? Could they afford it, doubt it?
Thought not. Kird your kilts and go doon the glen after the sheep and re-enter the 17th century.
Why should the holding entity transfer equity to a competitior without standard punitive clauses. i.e. tell "wee eck' to join the real world.
Get off the Celtic emotion and get real