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Originally Posted by MusicPilot
(Post 2584007)
I’m referring to the VX side.
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Originally Posted by 2loud
(Post 2584031)
Better to lose 10% than being on a street corner. Best case, y'all would have been in the mix with dysfunctional B6. You think eskimo is dysfunctional, spend some time over there. Y'all won the jackpot so quit your whining. I'd go with DOH but a Swingline is more suitable.
Some pilots are sharp as a bowling ball, that's why. |
Why was VX for sale?
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Originally Posted by Caveman
(Post 2584317)
Why was VX for sale?
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Originally Posted by Caveman
(Post 2584317)
Why was VX for sale?
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Delta wanted to sell y'all as scrap metal but DOJ wouldn't approve so Eskimo outbid blewho.
Robust and thriving businesses just don't wake up one morning and sell just because a potential buyer makes an offer. It's usually because of their inability to compete in the market and/or just weak. I'm just sayin'. |
Originally Posted by 2loud
(Post 2584458)
Delta wanted to sell y'all as scrap metal but DOJ wouldn't approve so Eskimo outbid blewho.
Robust and thriving businesses just don't wake up one morning and sell just because a potential buyer makes an offer. It's usually because of their inability to compete in the market and/or just weak. I'm just sayin'. A publicly traded company with a CEO and BOD has a fiduciary duty to their shareholders. If a buyout offer is presented at a significant premium to the current share price, it has to be considered. |
Originally Posted by 2loud
(Post 2584458)
Delta wanted to sell y'all as scrap metal but DOJ wouldn't approve so Eskimo outbid blewho.
Robust and thriving businesses just don't wake up one morning and sell just because a potential buyer makes an offer. It's usually because of their inability to compete in the market and/or just weak. I'm just sayin'. |
Originally Posted by AJ Crowley
(Post 2584337)
Every public company is for sale. When a offer comes in the board of directors has to consider that offer. 3 airlines approached Virgin. Virgin did not put itself out for sale.
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Why does anyone bother engage these idiots? It’s obvious they haven’t read S-10s, SEC filings, the acquisition documents, the SLI transcripts, etc, etc. They’re just making crap up, or regurgitating rumors and nonsense they hear in cockpits as fact. For example, Iif you read the documents, Alaska approached VX first. Once VX’s board decided to sell, they went out and whipped up competition eventually gaining four more parties that drove the price up. They were hedge fund managers after all and knew the game.
The basic problem with some posters on here is that they are angry they aren’t guaranteed a windfall from AS acquiring VX. We are all just pilots flying from A to B and back. Whether your company makes a lot of money, acquires someone, merges, gets acquired, or fails, or gains routes and makes more money because someone else fails, it’s got NOTHING to do with you. Alaska did well for a long time. So what, it’s got nothing to do with how well the pilots flew. You didn't outfly the boys at Pan Am, TWA, etc. Alaska acquired VX, guess what, once again it had nothing to do with how well you flew. AND, get this, just because MANAGEMENT acquires someone doesn’t mean PILOTS get any benefits. A lot of guys on here seem to think there was something in this merger for them. Nope, your just a pilot. No different than a pilot whose company failed. Or who got acquired. ANY corporate level business decision could be good or bad for pilots. We are all just in it for the ride. That’s how a career as labor works. You want to make personal gains through corporate acquisitions, you’d best join management. |
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