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Msg ID: 2758878 AMC is for sale according to CEO recent letter  +6/-2     
Author:She plays words. Read between lines
1/13/2023 8:59:05 PM

"Air Methods wills continue to be here, regardless of the ownership structure."

"a change of ownership has not and will not impact that." Referring to providing "a critical service to its patients and communities we serve."



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Msg ID: 2758882 AMC is for sale according to CEO recent letter  +7/-0     
Author:homer
1/13/2023 10:01:14 PM

Reply to: 2758878

Of course we are.  Everything owned by private equity is always for sale.  New execs will come into Denver who still won't know where my base is or what I do.  All fine as long as the check clears every two weeks.



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Msg ID: 2758884 AMC is for sale according to CEO recent letter  +1/-0     
Author:Hopeful
1/13/2023 10:28:02 PM

Reply to: 2758882

lets hope!!  Current equity owners need to get out of the air ambulance business. their choices of CEO and "ELT" leadership are killing not only and company but hurting an already struggling industry.  one can only blame their inept leadership on "NSA" for so long. 



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Msg ID: 2758886 AMC is for sale according to CEO recent letter  +0/-0     
Author:BigT
1/13/2023 10:50:17 PM

Reply to: 2758882

The problem is that there is very little "equity" in private equity.  They borrowed the money to buy the company.  Remember, Air Methods stock was priced around $55 per share a year prior to the purchase.  It went down to $28 (in other words, the trend was very negative).  The private "equity" group then purchased the company for about $43 per share.  You might say they overpaid and then used debt to buy the company.  Now, interest rates have increased.  What to do?



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Msg ID: 2758885 AMC is for sale according to CEO recent letter  +0/-0     
Author:GMR
1/13/2023 10:47:53 PM

Reply to: 2758878

Seriously?



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Msg ID: 2758889 AMC is for sale according to CEO recent letter  +11/-0     
Author:hopeful
1/14/2023 6:44:22 AM

Reply to: 2758878

Private equity has destroyed many things so that a few could get rich, hopefully they are sold to someplace that truly wants to make the industry work, wishful thinking probably.  Private equity is worst of the worst.



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Msg ID: 2758931 AMC is for sale according to CEO recent letter  +0/-1     
Author:Wind Point
1/14/2023 3:16:50 PM

Reply to: 2758889

Most folks don't understand how equity firms work. Take profit of 100 million and turn it into 1 billion in their pocket. Every 5-7 years equity firms sell their assets to other assets. Some for way better and some for not. Most folks couldn't tell you the biggest players in private equity. They just assume everyone is Enron. 



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Msg ID: 2758937 AMC is for sale according to CEO recent letter  +1/-0     
Author:Enron was publicly traded
1/14/2023 3:56:26 PM

Reply to: 2758931

but you sound like somebody that has a firm grasp on how equity firms work



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Msg ID: 2759139 AMC is for sale according to CEO recent letter  +0/-0     
Author:hopeful
1/16/2023 6:10:57 PM

Reply to: 2758931

That's really basic, nothing new there.



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Msg ID: 2758939 AMC is for sale according to CEO recent letter  +2/-0     
Author:Moneyhoney
1/14/2023 4:29:06 PM

Reply to: 2758878

Yes, it is true. I have purchased AMC. As my first official act, I will bring in a sink. I will also ask HQ employees to expect long hours and release unneeded staff. 
On the revenue side, I will abolish the current pay structure and use the pirate ship structure. Each employee will receive a percentage of revenue based on their position. Thus, employees will share the costs and benefits of the companies success or failure. 



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Msg ID: 2759133 AMC is for sale according to CEO recent letter  +1/-0     
Author:Might
1/16/2023 4:37:21 PM

Reply to: 2758878

as well turn to not for profit somehow.



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Msg ID: 2759174 AMC is for sale according to CEO recent letter  +0/-0     
Author:Genxer
1/17/2023 7:26:00 AM

Reply to: 2758878

This is not news. All public companies are for sale. 



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