Originally Posted by
NKSpilot
At this point, I would like for Jetblue to just go away and leave us alone.
Spirit board already explained the two step process to consider a deal as superior:
1. It has to be viable
2. It has to have better terms
Still can't get past #1 and even doubling the cash offer or breakup fee would not do anything to change it.
Is Robyn offering to give up the NEA yet?
1) there is no regulatory risk to creating the 5th largest company in a sector.
2) the terms are 40% better
3) why would they offer to give up the NEA and pre negotiate with the DOJ. That’s stupid.
350 million break ups pretty much guarantees they will do what’s necessary to make it through.
Why would the spirit board ask for the NEA concession other than just postering for an excuse to save their jobs.