Jet blue wants us now
06-24-2022, 02:16 PM
#1501
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Joined APC: Jan 2016
Posts: 161
Do you think JetBlue has a chance to get a 51% tender on this deal? I guess that is the unknown.
06-24-2022, 02:23 PM
#1502
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Joined APC: Mar 2012
Posts: 991
Originally Posted by Directautogroup
Do you think JetBlue has a chance to get a 51% tender on this deal? I guess that is the unknown.
06-24-2022, 02:29 PM
#1503
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Joined APC: Nov 2019
Posts: 111
June 24 (Reuters) - Spirit Airlines Inc (SAVE.N) said on Friday that Frontier Group Holdings (ULCC.O) had raised its cash offer by $2 per share to buy the airline, according to a regulatory filing.
https://www.sec.gov/Archives/edgar/d...e-20220624.htm
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https://www.sec.gov/Archives/edgar/d...e-20220624.htm
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06-24-2022, 02:41 PM
#1504
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Joined APC: Jun 2016
Posts: 174
Originally Posted by BunkerF16
Well......there's two questions here that need to be answered. One, will the shareholders vote yes on the F9 deal. I think the answer is no. The other question is, will B6 be able to tender 50+1% of the shares to be able to follow through with their hostile takeover bid. I think that's a steeper hill to climb.
06-24-2022, 02:51 PM
#1505
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Joined APC: Mar 2012
Posts: 991
Originally Posted by flyingmonkeys
And the lawsuits will continue on.
06-24-2022, 02:59 PM
#1506
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Posts: 174
I just read TC’s email… This company is just an absolute joke. I don’t even know what to say.
06-24-2022, 03:25 PM
#1507
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Posts: 161
The fact that they release this offer as an after hours press release on a Friday doesn’t project confidence.
06-24-2022, 03:26 PM
#1508
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Position: NK CA
Posts: 827
Originally Posted by flyingmonkeys
I just read TC’s email… This company is just an absolute joke. I don’t even know what to say.
06-24-2022, 03:37 PM
#1509
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Posts: 3,665
Worst part is NK gives up yet another BOD seat so not sure how this is a gain. Convinced Ted would sell his first born for that payout.
06-24-2022, 03:52 PM
#1510
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Joined APC: Jun 2016
Posts: 174
Originally Posted by Lincoln Osiris
The Frontier offer is worth less than the current value of Spirit right?
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