Originally Posted by
Ala5ka
Given what jetblues objectives are , or at least written into the explanation for the acquisition, there is no chance they go for an all cash offer where they become alaska airlines. They’re trying to become a large airline that competes more directly with the big 4.. they aren’t gonna go from that objective to selling the ship
There is a fiduciary duty to protect the investors. If shareholders walk away with a handsome sum, they can throw their dreams away and walk away with bags of cash. That’s exactly what happened to VX.