JetBlue bids for Spirit Airlines
06-23-2022, 10:06 AM
#1461
Gets Weekends Off
Joined APC: Jul 2015
Posts: 917
Originally Posted by ropestart
NK already has ORD, LAS, DFW DTW and opening IAH, ATL. These will hopefully stay after the merger. As far as I know, I don’t think B6 has these bases.
06-23-2022, 10:51 AM
#1462
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Joined APC: Jun 2016
Posts: 174
Kinda surprised we haven’t heard more on this in the last day or two. As far as I know the shareholder vote is still on for 6/30… and we don’t know anything. Something needs to happen now. Expecting an announcement that the 6/30 vote is outright cancelled but who knows.
06-23-2022, 11:27 AM
#1463
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Joined APC: Jan 2016
Posts: 161
Read the disclosures on the SEC site. Calls between chairman happening even on Saturday and Spirit exchanging “executive retention” proposals.
Spirit also requested an updated offer from Frontier for June 20.
Spirit also requested an updated offer from Frontier for June 20.
06-23-2022, 11:27 AM
#1464
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Joined APC: Mar 2012
Posts: 991
Originally Posted by flyingmonkeys
Kinda surprised we haven’t heard more on this in the last day or two. As far as I know the shareholder vote is still on for 6/30… and we don’t know anything. Something needs to happen now. Expecting an announcement that the 6/30 vote is outright cancelled but who knows.
06-23-2022, 11:38 AM
#1465
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Joined APC: Nov 2016
Posts: 371
The Offer is being made pursuant to a pending merger agreement between Purchaser, JetBlue and Spirit. Upon completion of the Offer, JetBlue will consummate a second-step merger with Spirit surviving as a wholly owned subsidiary of JetBlue.
06-23-2022, 11:40 AM
#1466
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Joined APC: Jan 2016
Posts: 161
That’s how it works with Spirit bought by Sundowner Corp and held there until integrated.
06-23-2022, 11:46 AM
#1467
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Joined APC: Feb 2009
Posts: 604
Originally Posted by Boomer
JetBlue bases are either within a hundred feet from an ocean, or Orlando.
06-23-2022, 12:57 PM
#1468
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,590
Originally Posted by Directautogroup
Read the disclosures on the SEC site. Calls between chairman happening even on Saturday and Spirit exchanging “executive retention” proposals.
Spirit also requested an updated offer from Frontier for June 20.
Spirit also requested an updated offer from Frontier for June 20.
06-23-2022, 01:05 PM
#1469
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,892
Originally Posted by Directautogroup
Read the disclosures on the SEC site. Calls between chairman happening even on Saturday and Spirit exchanging “executive retention” proposals.
Spirit also requested an updated offer from Frontier for June 20.
Spirit also requested an updated offer from Frontier for June 20.
06-23-2022, 01:06 PM
#1470
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Joined APC: Mar 2016
Position: 320 Captain
Posts: 172
Originally Posted by Excargodog
Looking down the barrel of a hostile takeover and being left on the curb, NK management is now scurrying to cut the best individual deals they can, realizing their sweetheart deals with F9 are already up in smoke.
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