Originally Posted by
CAirBear
If, god forbid, this BS Is delayed again (5th time) on the 27th, I can’t see the Institutions not tendering that evening/day and letting Blue go hostile. Blues tender is valid until the 29th. It’s clear what main institutions want and they have to be beyond ****ed by now. No one is buying their Idiotic BS of ULCC “COULD be $50 a share” in 2024.
Time to end this and move the F on. Good lord.
Good stuff.
I love the over $50 per share argument. If the company is potentially worth that much money why are you giving Spirit away for $20 a share in a mediocre deal with borrowed cash and stock?
The risk of the tender offer is real and could be increased from the $30 to entice the takeover. At that point Ted walks away with zero versus millions.