In the courtroom.
01-30-2024, 09:02 AM
#1021
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,602
Originally Posted by fw90
what if the value had gone up? Do you think JetBlue would be paying more than their contract offer for Spirit?
01-30-2024, 09:11 AM
#1022
Line Holder
Joined APC: Feb 2016
Posts: 97
Originally Posted by Chimpy
JB stated a bunch of reasons in the filing why it should be overturned. Looks promising but We should know I guess after the Call.
01-31-2024, 04:44 AM
#1024
Gets Weekends Off
Joined APC: Jul 2011
Posts: 454
Originally Posted by Sniper66
They both sprit and JB need this merger
maybe 20 dollars per share and it will be a done deal
maybe 20 dollars per share and it will be a done deal
01-31-2024, 04:54 AM
#1025
Gets Weekends Off
Joined APC: Sep 2016
Posts: 918
Originally Posted by DontCallMeCindy
Promising for whom? A majority of JB pilots seem to be against pressing forward with this insanity—we dodged a bullet.
01-31-2024, 05:30 AM
#1026
Gets Weekends Off
Joined APC: Dec 2022
Posts: 762
Originally Posted by PSU Flyer
Did I miss the part where the judge denied the merger because the price was too high? How is changing the terms (price) of the deal going to change the DOJ’s stance or the judge’s ruling?
01-31-2024, 06:32 AM
#1029
Line Holder
Joined APC: May 2017
Posts: 52
Originally Posted by PSU Flyer
Did I miss the part where the judge denied the merger because the price was too high? How is changing the terms (price) of the deal going to change the DOJ’s stance or the judge’s ruling?
THIS right here!! What is everyone even talking about? The media and the market is acting like there’s a reasonable chance this merger still goes through. How stupid do you need to be to actually invest money in Spirit based on the merger going through. Every time the appeal is mentioned (will/wont happen, expedited) Spirit’s stock moves. The deal is DOA, DONE, OVER. I think the judge is wrong, but that’s beside the point. Everyone needs to move on, this appeal is procedural at best.
01-31-2024, 06:48 AM
#1030
Gets Weekends Off
Joined APC: Oct 2019
Posts: 987
It seems the only way at this merger could be saved is if Spirit could show they had serious solvency issues. Like Chapter 11 was imminent or possibly worse. Aside from that, the Judge made his ruling. Highly unlikely that's getting overturned. Honestly, I'm not sure why Spirit's balance sheet wasn't more of a focus in this trial. They're sinking. The ULCC model is struggling. No guarantee they even exist, let alone keep the ULCC model. They seems like that should have been an area of focus during the trial. Kill the merger...even more people will be harmed. I don't think JB has the greatest attorneys.
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