Thread: LFG F9Nk
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Old 10-31-2024 | 08:30 AM
  #170  
fcoolaiddrinker
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Originally Posted by spooldup
Lets not act like JBs lawyers actually tried to defend the buy.

They wanted to put a stop to F9 and NK because if we merged, JB would be in serious trouble.
I think that was part of jb’s thinking when thier initial offer included a large premium to nk current market value. Over time as the value decreased for multiple issues, legal, engine inspections, debt, the fact the buyout was hostile (non cooperative nk management), ect… they became less enthusiastic to see it through to the end.
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