JetBlue bids for Spirit Airlines

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Quote: Agreed. Also, now that JetBlue is in the mix, I think that any current employee of Frontier or JetBlue who happen to own SAVE stock should be excluded from the vote. I say this as an F9 pilot.
I voted no more it’s my 41 shares. I want that 33 bucks a share.
With the current economic outlook why woudl someone vote no to jblu takeover? Fed raising the rates, fuel expensive, russia/ukraine situation.... I would cash out at 30-33 and not eat popcorn while the stock market goes down to get that 1.9ULCC+2... Cash is king.
Quote: With the current economic outlook why woudl someone vote no to jblu takeover? Fed raising the rates, fuel expensive, russia/ukraine situation.... I would cash out at 30-33 and not eat popcorn while the stock market goes down to get that 1.9ULCC+2... Cash is king.
Normalcy bias is a hell of a drug

Sent from my LE2115 using Tapatalk
https://aerocrewnews.com/aviation-ne...MrgziuARJ1Szcg

Another rejection.

Makes sense that they want Frontier after saying they don't plan to raise wages for 5 years...
Quote: I don’t think anyone should be excluded from voting…including Spirit BOD. But I don’t think anyone who suddenly bought in after a merger was announced should.
Why not? They saw a good deal and jumped on board. Yet you would exclude them, while allowing people with months or years of insider info that this was going to happen to vote? What a strange value system you must have…
Quote: Why not? They saw a good deal and jumped on board. Yet you would exclude them, while allowing people with months or years of insider info that this was going to happen to vote? What a strange value system you must have…
Because he wants the F9 merger and doesn't want JB to buy shares and vote.
Hope some of the heel digging in here is used against management for our upcoming JCBA when this merger inevitably goes through.

I highly doubt blue would be offering 200m breakup if they didn’t first consult with their NY politician friends that this would pass regulatory hurdles.
Quote: Hope some of the heel digging in here is used against management for our upcoming JCBA when this merger inevitably goes through.

I highly doubt blue would be offering 200m breakup if they didn’t first consult with their NY politician friends that this would pass regulatory hurdles.
Yep. The very same ones that were raising questions about the NK/F9 “merger” being monopolistic.

https://abcnews4.com/news/nation-wor...opoly-congress
Quote: Hope some of the heel digging in here is used against management for our upcoming JCBA when this merger inevitably goes through.

I highly doubt blue would be offering 200m breakup if they didn’t first consult with their NY politician friends that this would pass regulatory hurdles.
Finally someone that gets it. I’d bet my next paycheck JB already has the political wheels greased and the merger approved behind the scenes.
Legit question for the armchair MBAs. (Hypothetical example with rounded numbers, so please don't tell me the stock price is 14.29548 or whatever.... yes we know everything is dropping)

John Q has 10k shares of SAVE. Market price is $20. B6 offers $30. John Q bought shares at $20. Can John Q accept the B6 offer at $30 on 6670 shares and hold the remaining 3330? Or is the offer an all shares in totality or nothing at all? In other words, does the B6 offer potentially allow the investors a risk free cash out of their cost basis and allow them to keep an approximate 30% of their remaining shares risk free? (Assuming they bought in at around the $20 mark).
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