Originally Posted by
fly18725
I'm sure AS would love to pay less. The reality is they need to negotiate a deal with HA and both sides a required to support their positions.
No, they do not NEED to negotiate a deal with HA. They WANT to negotiate a deal with HA. Saying they need to negotiate a deal implies they are an overeager buyer who wants HA at any price, signals they are willing to overpay.
If you are an ALK shareholder, then no deal is a far better outcome for you than a bad deal.