Monday, August 13, 2007

NAB Suppresses Toyota

As noted on Orbitcast, back on August 08, NAB included Toyota as among the groups that opposed the merger:

Today, Toyota quietly disappears from the list:

In our opinion, NAB owes Toyota an apology. Toyota has not clearly stated one way or the other whether or not it supports the merger. Toyota seems to be cautiously optimistic about it, but falls well short of endorsing or rejecting the merger.

NAB also owes Rockwell Collins, Slacker, ICO, and the Aircraft Owners and Pilots Association apologies. To our knowledge, none of these have opposed the merger. The footnotes simply say that they expressed concerns, which is true; however, most if not all simply requested that conditions be placed on the merger. That is quite a bit differ from being opposed to the merger.

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