Jet blue wants us now
06-01-2022, 02:03 PM
#831
Gets Weekends Off
Joined APC: Nov 2019
Posts: 213
"These calculations resulted in a range of implied price per share of $34 to $64 (the “Spirit DCF Range”). Barclays noted that the implied per share merger consideration of $25.83 was below the Spirit DCF Range." So a B6 offer of $33 really makes it look like an empty attempt to raise F9s offer and that they maybe had a look under the skirt.
06-01-2022, 02:11 PM
#832
Gets Weekends Off
Joined APC: Mar 2016
Position: 320 Captain
Posts: 172
Originally Posted by FA24
Lots of fun reading the latest 8-K filed by Spirit going through all the lawsuits being filed, demand letters, and amended/supplemental "disclosures" by management/board.
Form 8-K
Form 8-K
06-01-2022, 02:14 PM
#833
Gets Weekends Off
Joined APC: Sep 2017
Position: NK CA
Posts: 827
Originally Posted by SlimBob
"These calculations resulted in a range of implied price per share of $34 to $64 (the “Spirit DCF Range”). Barclays noted that the implied per share merger consideration of $25.83 was below the Spirit DCF Range." So a B6 offer of $33 really makes it look like an empty attempt to raise F9s offer and that they maybe had a look under the skirt.
06-01-2022, 02:21 PM
#834
Gets Weekends Off
Joined APC: Nov 2019
Posts: 213
Originally Posted by Lincoln Osiris
If JetBlue didn't go hostile I would say you would have a point. However, since JetBlue is buying up shares as we speak I doubt that is the case. Why pay more than you have to? Especially when Frontiers offer was so laughably low.
06-01-2022, 04:01 PM
#835
Super Moderator
Joined APC: Jun 2006
Posts: 3,953
Originally Posted by Chimpy
he also said. (and I’m not kidding) “Jet Blue wants to Inspire humanity “ 😂😂😂. Relax bruh, you are flying obnoxious New Yorkers down to Florida in a 20 year old Airbus. Calm the F down
06-01-2022, 04:22 PM
#836
That/It/Thang
Joined APC: Aug 2020
Posts: 2,848
Originally Posted by Chimpy
he also said. (and I’m not kidding) “Jet Blue wants to Inspire humanity “ 😂😂😂. Relax bruh, you are flying obnoxious New Yorkers down to Florida in a 20 year old Airbus. Calm the F down
06-01-2022, 04:58 PM
#837
Gets Weekends Off
Joined APC: Feb 2022
Position: A320CA
Posts: 385
Originally Posted by usmc-sgt
*Laughs in N503JB*
06-01-2022, 05:12 PM
#838
Gets Weekends Off
Joined APC: Sep 2014
Position: Da Bus, Left
Posts: 1,515
Originally Posted by Cockpit997
503 wishes she was 20….
I’ll never forget a Captain of mine smashing a roach with the maintenance logbook 2 days after the “pest control” was written in there on that specific plane…. Made for quite a laugh.
06-01-2022, 09:23 PM
#840
Line Holder
Joined APC: Apr 2014
Position: Always right
Posts: 94
Originally Posted by Stayontarget
That would be an insane amount of money per share but I’ll use your example as an institutional shareholder. Let’s say 1 million shares at a DCA of $35. Fairly reasonable number and no need to go wild at $80. Today the price is rounded down $20. So just to break even, the institutional shareholder would need to buy another 500k shares. Further tying up 10 million dollars to hopefully get paid out when the deal goes through. Just to break even. No matter the scale, this is not a superior offer if your DCA is higher than $30 a share.
As to your second part. Ya it had better be a better product since it costs more. But that doesn’t mean the growth potential is the same.
As to your second part. Ya it had better be a better product since it costs more. But that doesn’t mean the growth potential is the same.
Thread
Thread Starter
Forum
Replies
Last Post
