Thread: Spirit Now Sure As It Emerges From Bankruptcy
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Old 08-12-2025 | 07:46 PM
  #1083  
Lincoln Osiris's Avatar
Lincoln Osiris
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From: NK CA
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Originally Posted by LongHornFlyer
I don’t disagree with any of this…what I don’t understand is, why wait and burn through another $250M (or any amount for that matter) if the most likely outcome at this point is liquidation? If they don’t see a viable path forward, why not pull the plug now and keep as much as they can?
Because the bond holders would get way more ROI in a ch11/merger scenario than straight ch7 liquidation.
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