Originally Posted by
Tranquility
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....
SAVE market cap 2.5 billion
Not a lot for another player to make an offer with some premium on the stock that closed 37 dollars and change
Time will tell and nothing is impossible
Just saying and I hope it does not happen if that’s what you want.
BTW SAVE does not have a billion cash, don’t count the line of credit, that’s credit not their money
But money talks as they say and .......