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Old 06-30-2022 | 05:59 AM
  #1834  
LoopsMcDoops
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Joined: Mar 2016
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From: 320 Captain
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Originally Posted by CincoDeMayo
Yeah because if JBLU offers Ted $12mil for a deal he will turn it down 🙄

Ted has to say it’s Frontier or bust, until it’s not on the table, and then the Board will have to pivot once investors come knocking. It’s not like the investment community is going to forget about the almost 50% premium over current SAVE price. The question is, does the investment community want JBLU to acquire SAVE instead of SAVE remaining independent?

Too much assumption that the shareholders are ready to hand over their shares to JBLU. All that has been established is that they don’t want to approve a Frontier deal at the current numbers
Good take. I'm of the mindset in a down market and potential impending recession that shareholders want cash. But I genuinely have no idea anymore.