Originally Posted by
Flyby1206
Yes they want to own the total market but they can just buy ULCC shares to include them in their products if needed. They aren't sweating bullets because they dont own any F9, they have enough market exposure elsewhere to replicate the airline industry as a whole. I guarantee Vanguard/Blackrock won't even respond to any votes regarding the JB or F9 proposal and will go with whatever happens
He doesn't seem to grasp the fact that if BlackRock wanted to own ULCC, they could just buy it... In fact, they could buy it with a small portion of the proceeds of accepting the JetBlue offer... And still have a bunch of money left over.
I think his teachers helped him with his quizzes, a lot.