Originally Posted by
Lakeaffect
If B6 gets more than 50% tendered, then they have the majority shares. I don’t think the vote would happen at that point, even if it did it would be against frontier since B6 would have the majority. B6 would own NK. It would be a successful hostile takeover.
With the large institutional share holders, I don’t even think that’s possible. I thought I read somewhere JB has 12% of shares now….after buying for the past 2 months.