Originally Posted by
Quiet Storm
This is the exact definition of insanity.
The new administration’s DOJ literally stated their plan to continue the previous DOJ’s policies .
UA put out an 8-K to put an end to any rumors about any type of M&A.
Yesterday the company again denied any rumors of any merger or acquisition of any type .
But ya, sure, UA is going to buy us and the new DOJ will be a lot more open to corporate mergers😂😂😂
Let’s not overstate things.
UA put out an 8k to say they haven’t begun
mutual discussions with an Airline as of that day. They never said the won’t. And to JonNYCs credit, he never said United approached any airline. He just stated that they have internal interest. I still think there is something there.
Yesterday the company denied any rumors put out up to today, in relation to United, Alaska, and southwest.
I still think AA is the play. But I DO agree that it’s time to stop thinking an announcement is coming in the next few weeks or months even.