Originally Posted by
Softpayman
Bill Ackman ( activist investor) has been in the news of late, especially after the Harvard president shakeup. He was on Lex Fridman's podcast, a long format interview typically over 2 hours. Listening to that I had a slightly better idea of what it is he or an Icahn want and work to achieve it. He specifically mentions Icahn. But at one point he says just getting on the board is the key. From there you try to lead. There are 13 seats, he has 2, he only needs to convince 5 people of his vision to run the show.
They may shrink you guys into a well run airline, maybe even sell you, but I doubt they're interested in parting our your assets. Either way enjoying the ride is really your only choice unless you're willing to leave.
From the outside it doesn't look like a bad spot to be in. 👍🏻