"The result is a picture which strongly suggests that
Cirrus had been managed into a corner for which a financial suitor
(and just about any suitor we would expect), should have been able
to suggest very favorable terms in order to get the company off the
Arcapita balance sheets. The question is... was the Cirrus deal
with CAIGA a "Fire Sale?" And yet, we have heard that some
potential investors were ignored by Arcapita, in favor of the China
deal.... if so, why?"
Source: Part of the most recent update
published by ANN, currently looking into the many questions that
still surround a proposed sale of Cirrus Aircraft to a Chinese
concern, CAIGA.
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