Jet blue wants us now

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05-16-2022 | 08:52 AM

#541

fcoolaiddrinker

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Seems it was always a bit of a hostile takeover. NK was going away. JB is now just trying to bypass NK board approval. No idea if that will work or not?

05-16-2022 | 08:53 AM

#542

Directautogroup

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Poison pill will heavily dilute and reduce Spirit share value significantly at this point. '

05-16-2022 | 09:02 AM

#543

BunkerF16

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Joined: Mar 2012

Posts: 1,171

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Quote:

Originally Posted by Directautogroup

Poison pill will heavily dilute and reduce Spirit share value significantly at this point. '

There is no poison pill. That expired.

05-16-2022 | 09:06 AM

#544

Directautogroup

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Quote:

Originally Posted by BunkerF16

There is no poison pill. That expired.

Right. I guess some people think you can just write a new one at any time without consequences.

05-16-2022 | 11:41 AM

#545

Excargodog

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Joined: Jan 2018

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Stock up $2.18 today. Why wouldn’t it be, since stockholders now have a standing offer to buy it from them for $30.00 to $33.00 (depending on the NK BOD willingness to play ball)?

That’s almost a 50% increase in share price over the next 45 days. That seems like an investment few would refuse.

https://otp.tools.investis.com/gener...ype=PDF#page22

05-16-2022 | 12:21 PM

#546

Halon1211

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Quote:

Originally Posted by Excargodog

I wonder if frontier airlines will be compelled to up their offer.

05-16-2022 | 01:20 PM

#547

LoopsMcDoops

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Joined: Mar 2016

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From: 320 Captain

Quote:

Originally Posted by Halon1211

I wonder if frontier airlines will be compelled to up their offer.

Most likely....but JB too. There's prob gonna be some back and forth and A LOT of public lobbying about each of their positions before June 10.

In short. More to come!

05-16-2022 | 01:30 PM

#548

Andy

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Joined: Mar 2006

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From: guppy CA

Quote:

Originally Posted by Bluesteal

Uh... the name of the game in todays world is power and control. BlackRock alone is a $10T fund. Its about consolidating and owning everything you can. Thats the name of todays game. Sorry, you dont understand that. Do you even know anything about BlackRock and their public statements over the last decade?? To them, its more valuable to OWN everything, not make a quick buck. Understand the world my friend, the world is being consolidated for control, not for money, They already have all the money! hahah

I won't touch any blackrock funds because of their hardcore ESG stance. Larry Fink sux.

05-16-2022 | 01:31 PM

#549

FNGFO

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Quote:

Originally Posted by Halon1211

I wonder if frontier airlines will be compelled to up their offer.

Nah. They don’t think they’ll get voted down. They may come back with more money if they are voted down, or may sit pat if they think the deal won’t pass regulatory approval.

05-16-2022 | 03:15 PM

#550

Excargodog

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Quote:

Originally Posted by Halon1211

I wonder if frontier airlines will be compelled to up their offer.

They’d have to up the offer significantly just to match their own initial offer. Selling to JetBlue, someone who bought NK stock this morning can make a 50% ROI in 45 days. They’d have to be insane to prefer the F9 offer.