Originally Posted by
AirBee
What surviving entity? This is not a merger…it’s an acquisition. They would just have to buy stock in JetBlue in two years whenever they finally get a payout and purchase (lucky them) the JetBlue stock at whatever price it is at that time. Which may not even result in them making anything at all once all is said and done.
If JetBlue acquires spirit, they are the surviving carrier. I’m not sure why that’s not clear. Why would you say 2 year? When the shareholders vote for it, you’ll get paid.