Jet Blue Terminates Merger Deal
#14
Gets Weekends Off
Joined APC: Jun 2006
Posts: 1,423
"We encourage all of our companies to pursue spin-offs and asset sales when they create value, improve leadership in key positions and help manage and settle complex litigation. We often find ourselves investing in companies that are temporarily out of favor and/or contain hidden jewels. We have continued to pick our spots and find new, exciting activist opportunities, including the recently announced positions in American Electric Power Company, Inc. (ticker: AEP) and JetBlue Airways Corp. (ticker: JBLU) within our Investment segment."
They're going to need more than crossed fingers. 🤣
#16
#17
#18
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Joined APC: Jan 2008
Posts: 531
That being said, it will take many years and a new administration (DOJ) to execute; as well as both sides Board of Directors willing to either operate as a “group” and retain 3 separate brands, or someone is gonna have to budge and be willing to give up the brand.
That’s gonna take a powerful influencer to abandon the brands; I think a group similar to the Lufthansa group might actually be plausible, and may help get across the DOJ hurdles as well.
#19
off weekends (if Reserve)
Joined APC: May 2023
Posts: 289
#20
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Joined APC: Oct 2019
Posts: 983
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