26500, Twisted,
Fair point and that is interesting, but I can say that's not how it was spun to those who work(ed) there.
The CDR people would not fire the whole FR legacy straight away, that would be reckless.
News - CHC Helicopter
It was announced in August that CDR were coming and that new Chairman etc would be joining the board. I too am not a financial expert but all the money they pumped in is in the form of convertible bonds, ie they give CHC money and CHC give stock back. Preferred stock at that. The list on Yahoo might be correct still but it is dated 31 Dec. CD&R completed lending the money to CHC in mid Dec and the list might be out of date. I personally was very much under the impression that FR had gone and cashed out. CHC's head of Investor Relations should be able to tell you what the Ownership is, it's a legal requirement if you are a shareholder. Buy one (it won;t cost much!
) and ask.
Regardless, with CHC's stock price down another 8% today, it is not looking good.
Hold on folks and good luck for those at the Hummingbird.