Originally Posted by
OldLurker
Headline is incorrect: should say at least 10%, not up to 10%. The story says QR intends to buy at least a 10 percent stake in AA.
Oops sorry originally I planned to quote Reuters while drafting the post. Reuters was/is reporting "up to 10%" not "at least 10%".
From Reuters:
American Airlines' chief executive said on Thursday he is not "particularly excited" about Qatar Airways' interest in buying up to 10 percent of the U.S. carrier's shares, in a letter to employees following the state-owned Gulf airline's overture.
https://www.reuters.com/article/us-a...-idUSKBN19D1IS