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Old 04-26-2018 | 09:31 AM
  #27  
Andy
Gets Weekends Off
 
Joined: Mar 2006
Posts: 5,213
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From: guppy CA
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Originally Posted by NEDude
Update-

Norwegian reveals that they have attracted interest from other parties after the IAG announcement. Bjørn Kjos has also softened his resistance to a sale, now saying that everything is for sale if the price is right.

https://www.bloomberg.com/news/artic...ids-beyond-iag
After Norwegian's quarterly report and restated 2017 financials, I'm sure everything's for sale because the cash burn rate is stupefying. They're papering over the cash burn rate by selling everything including the office toilet paper and light bulbs. It would be cheaper to shut down the operation and start a huge bonfire using $100 bills as fuel.

Another take on the 'takeover' prospects: https://www.washingtonpost.com/busin...=.b1985c2a506c
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