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Old 07-07-2022 | 12:44 PM
  #51  
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Originally Posted by flyingmonkeys
So literally nothing changed in the last week but now they have the votes? I’m skeptical of that but if it happens… what a scam.
Or the shareholders are getting them to concede to JetBlue.
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Old 07-07-2022 | 01:03 PM
  #52  
The REAL Bluedriver
 
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Originally Posted by WNeast
Or the shareholders are getting them to concede to JetBlue.
Well I don't think that works. The vote tomorrow isn't JetBlue or Frontier. The only thing on the agenda is to approve a Frontier merger. Maybe the Frontier agreement stipulates a vote has to take place before they can exit the merger agreement?

I don't know, but I still highly doubt a vote takes place tomorrow unless they are ok with letting it fail. But I was wrong that 1 time before.
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Old 07-07-2022 | 01:39 PM
  #53  
That/It/Thang
 
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Originally Posted by Bluedriver
Well I don't think that works. The vote tomorrow isn't JetBlue or Frontier. The only thing on the agenda is to approve a Frontier merger. Maybe the Frontier agreement stipulates a vote has to take place before they can exit the merger agreement?

I don't know, but I still highly doubt a vote takes place tomorrow unless they are ok with letting it fail. But I was wrong that 1 time before.
The merger agreement doesn’t give any relief to Spirit by continuing to postpone vs having it snd failing, they are still on the hook for the penalty payment.

IF Spirit is going to try to independent now, OR entertain merger talks with JBLU, this vote has to happen first.
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Old 07-07-2022 | 01:42 PM
  #54  
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From: NK CA
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Originally Posted by CincoDeMayo
The merger agreement doesn’t give any relief to Spirit by continuing to postpone vs having it snd failing, they are still on the hook for the penalty payment.

IF Spirit is going to try to independent now, OR entertain merger talks with JBLU, this vote has to happen first.
They couldn't just cancel the vote all together and say hey we are going with JetBlue now?
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Old 07-07-2022 | 01:51 PM
  #55  
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Vote and get it over with.
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Old 07-07-2022 | 02:04 PM
  #56  
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If this vote fails, Frontier could still come back with a new offer later and then have another vote if the Spirit BoD entered into a new agreement with them.

If this vote succeeds, JetBlue could go blockbuster and up their tender offer significantly and still try and disrupt the F9/NK merger.

Although a passed vote will put JetBlue in a more difficult position, I doubt that the drama is over yet regardless of the outcome tomorrow.
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Old 07-07-2022 | 02:05 PM
  #57  
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Votes been cancelled. Source Reuters


https://www.reuters.com/business/aer...es-2022-07-07/
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Old 07-07-2022 | 02:16 PM
  #58  
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Frankie and his boys getting 100m for doing nothing 🙄
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Old 07-07-2022 | 02:17 PM
  #59  
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Originally Posted by ReserveCA
Frankie and his boys getting 100m for doing nothing 🙄
maybe he can use it to buy some jet bridges
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Old 07-07-2022 | 02:19 PM
  #60  
The REAL Bluedriver
 
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Originally Posted by flyingmonkeys
maybe he can use it to buy some jet bridges
🤣🤣🤣🤣🤣 Absolutely perfect. Maybe he can buy some crews some onboard snacks?
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