Quote:
Since we can't know what the executives and/or management were promised by Frontier for after the merger is complete, we can only look at the facts, and circumstances surrounding them and draw a conclusion.Originally Posted by SaintNick
care to give a quick summary of details of how they looked after their own only.
Let's START with the fact that Spirit has been planning this for the last couple of years, without ever soliciting a competing purchase bid from any other airlines. In the case of M&A, the board is required to seek the best return for the shareholders, how can it be known if a higher value/price can't be found elsewhere if you never sought any other proposals, and if Robin is to be believed, refused to discuss the details of the bid?