JetBlue bids for Spirit Airlines
05-18-2022, 11:44 AM
#1021
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,503
The current JetBlue letter to the Spirit stockholders makes allegations of a failure of due diligence on the part of the Spirit BOD. If that letter is FALSE in any materiel way, B6 is in trouble with the SEC.
But false or true, it practically guarantees a class action lawsuit on behalf of SAVE stockholders who want the immediate payout.
But false or true, it practically guarantees a class action lawsuit on behalf of SAVE stockholders who want the immediate payout.
05-18-2022, 11:55 AM
#1022
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,228
Originally Posted by Excargodog
The current JetBlue letter to the Spirit stockholders makes allegations of a failure of due diligence on the part of the Spirit BOD. If that letter is FALSE in any materiel way, B6 is in trouble with the SEC.
But false or true, it practically guarantees a class action lawsuit on behalf of SAVE stockholders who want the immediate payout.
But false or true, it practically guarantees a class action lawsuit on behalf of SAVE stockholders who want the immediate payout.
05-18-2022, 12:00 PM
#1023
Gets Weekends Off
Joined APC: Sep 2014
Position: fifi whisperer
Posts: 1,255
Originally Posted by Excargodog
The current JetBlue letter to the Spirit stockholders makes allegations of a failure of due diligence on the part of the Spirit BOD. If that letter is FALSE in any materiel way, B6 is in trouble with the SEC.
But false or true, it practically guarantees a class action lawsuit on behalf of SAVE stockholders who want the immediate payout.
But false or true, it practically guarantees a class action lawsuit on behalf of SAVE stockholders who want the immediate payout.
you don’t think that they ran it by a multitude of lawyers first?!?
05-18-2022, 12:02 PM
#1024
Gets Weekends Off
Joined APC: Jul 2008
Posts: 522
Originally Posted by FlyGuy2002
how do you know it’s a 60-70-80 % gain ? $33 could very well be a loss. And using your logic that shareholders often dance in/out of stocks then why didn’t they already sell your hypothetical 80% gain? 80% gain and they still hold large volume of shares ? Got it . IF it’s a gain it could be a significant taxable event.
Having equity in a new entity could be seen as a better play than potentially a profit/ tax bill. Like i said, the good news is the BOD has spoke . Irrelevant now. It’s up to the individual shareholder at this point.
And the unicorn domination thing is your words not mine. I Believe in the ULCC model . Some do some don’t. My personal belief as employee and Stockholder the long term viability is a marriage with F9. I voted accordingly. I love the JetBlue product and all my buddies over there … Jumpseat often on you guys. My want to go with F9 is not a slight of B6. I just few the match works better. We’ll see in June.
Having equity in a new entity could be seen as a better play than potentially a profit/ tax bill. Like i said, the good news is the BOD has spoke . Irrelevant now. It’s up to the individual shareholder at this point.
And the unicorn domination thing is your words not mine. I Believe in the ULCC model . Some do some don’t. My personal belief as employee and Stockholder the long term viability is a marriage with F9. I voted accordingly. I love the JetBlue product and all my buddies over there … Jumpseat often on you guys. My want to go with F9 is not a slight of B6. I just few the match works better. We’ll see in June.
05-18-2022, 12:09 PM
#1025
Line Holder
Joined APC: Mar 2015
Posts: 32
I wonder if there is a way to see how many shareholders are into spirit for under $30 dollars. Probably a good amount I assume, but probably a lot into for over $30 if they owned prior to the pandemic including the large institutional ones. We will find out soon enough though. Most the posts on here seem to think everyone bought at the bottom. Definitely will not be the case.
I’d guess it’s over, but sure has been a wild ride so far. Franke is gonna have to up the bid for sure if he wants it.
I’d guess it’s over, but sure has been a wild ride so far. Franke is gonna have to up the bid for sure if he wants it.
05-18-2022, 12:47 PM
#1026
Gets Weekends Off
Joined APC: May 2010
Posts: 429
Jesus this has America West and US Air written all over it. Wonder who throws the first punch in the hotel van.
05-18-2022, 12:49 PM
#1027
Gets Weekends Off
Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,510
Originally Posted by FlyGuy2002
how do you know it’s a 60-70-80 % gain ? $33 could very well be a loss. And using your logic that shareholders often dance in/out of stocks then why didn’t they already sell your hypothetical 80% gain? 80% gain and they still hold large volume of shares ? Got it . IF it’s a gain it could be a significant taxable event.
Originally Posted by FlyGuy2002
And the unicorn domination thing is your words not mine. I Believe in the ULCC model . Some do some don’t. My personal belief as employee and Stockholder the long term viability is a marriage with F9. I voted accordingly. I love the JetBlue product and all my buddies over there … Jumpseat often on you guys. My want to go with F9 is not a slight of B6. I just few the match works better. We’ll see in June.
05-18-2022, 01:01 PM
#1028
Gets Weekends Off
Joined APC: Feb 2019
Posts: 133
You are all airline pilots!! Stick to your day jobs!!
05-18-2022, 01:27 PM
#1029
Gets Weekends Off
Joined APC: Jan 2018
Posts: 1,788
Originally Posted by IWalkJun12
Jesus this has America West and US Air written all over it. Wonder who throws the first punch in the hotel van.
05-18-2022, 01:43 PM
#1030
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,228
Originally Posted by IWalkJun12
Jesus this has America West and US Air written all over it. Wonder who throws the first punch in the hotel van.
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