Total cow pile. If anyone is acquiring us through a stock buyout, it is NOT a U.S. airline. Berkshire, maybe. Indigo, maybe. Other venture capital firms, maybe.
No U.S. airline has the balance sheet & capital on hand that could afford a straight up stock buyout of us, even WITH our $1 billion+ in the bank. Doesn’t add up. Unless they’re not buying a majority share, just plurality. I admit, I haven’t run the numbers on that.
Interesting thing I just realized while looking into this; we have one of the highest book values (per share) of any U.S. airline....
Last edited by Tranquility; 08-14-2019 at 05:08 PM.