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Old 05-16-2022 | 03:48 PM
  #551  
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So if the nk stock is in a mutual fund or etf the day the transaction goes through don’t the fund managers have to redistribute proceeds into other stock as directed by the fund prospectus? It’s not like they can just send everyone a check that day.
Old 05-16-2022 | 04:40 PM
  #552  
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https://www.documentcloud.org/docume...pirit-airlines

https://jetblueoffersmore.com/how-to-vote/

Pilots get more money, more money, more money with JetBlue, better layovers and hotels, better overall treatment, much more comfortable deadheads, FREE hot meals! Higher 401K, Profit sharing, you can Fight Mike Tyson for free and so much more at JetBlue ............... and like Obama would say "if you want to keep your base, you can keep your base". Only this time it might be true!!
Vote NO for Frontier merger......Frontier/Indigo will not give its pilots money or a raise anywhere near JetBlue, duh............... Say YES to JetBlue when Spirit shareholders vote in June - -
Old 05-16-2022 | 04:44 PM
  #553  
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Originally Posted by Excargodog
^^^^^^ And we have a winner^^^^^^^

Frontier stock has continued to slide since they first made their offer, making their stock plus cash offer less valuable now then it was when it was originally made:



In the meantime, JetBlue has already upped their more lucrative offer. SAVE stockholders would have to be crazy to prefer the cheaper Frontier offer.
This X10 !!!!!!
Old 05-16-2022 | 04:53 PM
  #554  
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Originally Posted by fcoolaiddrinker
So if the nk stock is in a mutual fund or etf the day the transaction goes through don’t the fund managers have to redistribute proceeds into other stock as directed by the fund prospectus? It’s not like they can just send everyone a check that day.
It’s still a win for investors. But yeah, fund managers rebalance their portfolios all the time - especially index fund managers. Vanguard might even use the profits to buy F9 stock, since it’s become cheaper the last month or so. But even most index funds can just rebalance with stock from another company in the same sector. And the non index funds certainly can. And whether they distribute realized capital gains to the entire fund, or to the individual mutual fund shareholder is dependent on the options the shareholder has chosen. I’m paying a fair amount every quarter to the IRS for mutual fund dividends and realized capital gains that are automatically reinvested (mostly by Vanguard as it happens) to increase the mutual fund shares I hold.


What Is a Capital Gains Distribution?

A capital gains distribution is a payment by a mutual fund or an exchange-traded fund (ETF) of a portion of the proceeds from the fund's sales of stocks and other assets from within its portfolio. It is the investor's pro-rata share of the proceeds from the fund's transactions.

It is not, however, a share of the fund's overall profit. The fund may gain or lose money over the course of a year, and your balance will rise or fall accordingly. But if the fund gained from the sale of any of its stocks during that year, it will make capital gains distributions to its shareholders.

Mutual funds are required by law to make regular capital gains distributions to their shareholders. The owners of mutual fund shares have the option to take the capital gains distribution in the form of immediate payments or to reinvest it in additional fund shares.

Dividend Distributions

In addition to distributing income generated by the sale of assets, mutual funds also make dividend distributions when underlying assets pay earnings or interest. Mutual funds are pass-through investments, which means any income they receive must be distributed to shareholders. This most often occurs when a fund holds dividend-bearing stocks or bonds, which typically pay a regular amount of interest annually, called a coupon.4
Old 05-18-2022 | 12:30 AM
  #555  
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Originally Posted by Andy
I won't touch any blackrock funds because of their hardcore ESG stance. Larry Fink sux.
cool story…
Old 05-18-2022 | 04:27 AM
  #556  
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Originally Posted by HanYolo
cool story…
And it went whoosh over your cranium case much like those teeny tiny aeroplanes in the sky.
Old 05-18-2022 | 06:51 AM
  #557  
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Originally Posted by Andy
And it went whoosh over your cranium case much like those teeny tiny aeroplanes in the sky.
Must you always be such a tool?
Old 05-18-2022 | 07:08 AM
  #558  
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A few days ago when JetBlue began its hostile takeover, TC said the legal and financial advisers will have a new decision on JetBlue’s tender off.

just curious, if they decide to go with JetBlue how does one walk back all those negative comments about JetBlue wanting us. And now try to sell this acquisition as a positive?
Old 05-18-2022 | 07:10 AM
  #559  
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Originally Posted by Halon1211
A few days ago when JetBlue began its hostile takeover, TC said the legal and financial advisers will have a new decision on JetBlue’s tender off.

just curious, if they decide to go with JetBlue how does one walk back all those negative comments about JetBlue wanting us. And now try to sell this acquisition as a positive?
It's a hostile takeover, there is nothing for TC to decide. If it is successful he and most everybody else from Spirit's leadership team are gone and on the street.
Old 05-18-2022 | 07:13 AM
  #560  
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Originally Posted by Halon1211
A few days ago when JetBlue began its hostile takeover, TC said the legal and financial advisers will have a new decision on JetBlue’s tender off.

just curious, if they decide to go with JetBlue how does one walk back all those negative comments about JetBlue wanting us. And now try to sell this acquisition as a positive?
Sell it to whom? I think the statement was basically intended to stop people from immediately committing their share-votes to JetBlue.

A lot of stockholders don’t actively participate - giving the BOD their proxies to vote their shares. I think the BOD is hoping enough stockholders will do that to drag the F9 deal over the finish line.





With neither offer a sure thing, the value gap between the two is far too wide to make sense. It’s weird that Spirit thus far has been either unwilling or unable to use JetBlue’s offer as leverage to press Frontier for a higher price. Unlike JetBlue, Frontier also hasn’t made any explicit commitments on divestitures should regulators require them, nor has the airline agreed to compensate Spirit if it fails to win antitrust approval. JetBlue is offering a $200 million reverse breakup fee. As I wrote earlier this month, the decision to quickly and summarily rebuff JetBlue without getting anything in return from Frontier is something that Spirit’s board will have to better explain. Right now, it’s far from clear why shareholders would agree that a significantly lower offer that carries regulatory risks of its own is obviously a superior proposal. JetBlue’s tender offer and proxy fight are merely forcing the issue.

Last edited by Excargodog; 05-18-2022 at 07:25 AM.
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