Originally Posted by
FNGFO
I’m sure it’s on their minds. I think one investment group already acquired a good bit of United’s debt, and anyone forgoing the stimulus payout isn’t bound by the no M/A language contained within.
I literally just did a word search on 883 page document. Nowhere in the Stimulus Bill does the word “merger” appear. “Acquisition” appears 11 times and it is only in reference to “the acquisition of warrants, stock options, common or preferred stock” of one’s own company.
From what I have searched (the whole document), taking grant money or loans does NOT preclude airlines from mergers or acquisitions according to the Bill.
The timeline for our arranged marriage may have been pushed up. Only a handful of people know.