Originally Posted by FlyGuy2002

They didn’t tank it. They kept going to the shareholders over and over to take more to make sure it DID happen. All the way to court. They coulda backed out after the board voted 9-0 against . They kept pushing for it . And the breakup fee was an enticement to the shareholders as a carrot to entice even more to vote yes. They did. The court decided the deal. Not the airline that wanted it .

and if they weren’t worth buying then why the offer for 3.1 and 1.8 x a billion respectively. If the price is right .. someone will get the entire operation , lock stock and barrel for a fraction of what 2 airlines were willing to pay not too long ago.