Originally Posted by
docav8tor
SWA had roughly $4B in cash and nearly double that in stock. They have enough to buy HA, NK and/or potentially B6 in a cash/stock acquisition.
That is not the appropriate method for a valuation. Not saying that they couldn’t structure an appropriate buy out but there are many different mechanisms to fund such a deal, and determination of market value by share price alone is far from it. Cash on hand generally is used as minimally as possible.