Originally Posted by
Excargodog
Sell it to whom? I think the statement was basically intended to stop people from immediately committing their share-votes to JetBlue.
A lot of stockholders don’t actively participate - giving the BOD their proxies to vote their shares. I think the BOD is hoping enough stockholders will do that to drag the F9 deal over the finish line.
From Ted: “The board will advise stockholders whether it’s in favor of or against the JetBlue tender offer within 10 business days”.
Obviously if they’re still not in favor then they stick with original Jetblue bad deal statement. But if they decide to change their opinion now to being in favor, how then do they walk back their original statements? I’m thinking that was Halons question, I’m curious too