“Amazon intends to wire us $132m tomorrow.”
It’s a nice sentence to be able to say, and there is no doubt Quint Turner, CFO of ATSG, enjoyed the moment during an earnings call which could otherwise have been a touch disappointing.
And why is Amazon, avoider of taxes and unions, giving ATSG $132m as we speak?
It has decided to exercise the warrants it holds for 13.6m ATSG shares and, once the money …
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Source: The Loadstar