Originally Posted by
upup89
I've seen analysts saying they believe Jetblue will negotiate a lower purchase price under the material adverse change clause. So I wouldn't be counting on the $31.
Well I think massive amounts of law suits from the share holders at the time of the vote would ensue as that was agreed upon price to make this deal happen. They might have to put it to another vote for a different price. It would be tough to get done with the DOJ lawsuit only to have it unraveled over a few dollars per share.