Originally Posted by
turbojet28
How does the shareholders vote work, though? Are they voting between the two options or are they only presented one option and then have to vote “yes” or “no”?
I assumed it was the latter - and if the board doesn’t even bring the JB deal to a vote, then it is just a vote of yes or no to Frontier’s deal.
The first vote would be a yes or no to the merger.
A proxy contest would be shareholders bypassing the board to have another vote.
Thats my understanding. B6 is absolutely trying to bypass the board now. Which means there’s a way to do this regardless of the BOD’s decision.