JetBlue offering to buy Spirit for $3.6B in Cash
Jul 7, 2022, 7:00 pm
#151
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Jul 7, 2022, 7:06 pm
#152
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Jul 7, 2022, 7:29 pm
#153
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I could see F9 and B6 splitting up Spirit... everyone gets a piece of the (humble) pie.
-J.
-J.
Jul 11, 2022, 9:58 am
#155
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Seems like the battle is over at this point. F9 acknowledges they are far from getting enough votes to approve their deal and have announced their proposal is the last and final deal. There is no reason for NK to delay the meeting again beyond 15 July if there is no chance of the F9 deal getting approved.
Jul 11, 2022, 10:19 am
#156
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Goodbye F9, was nice knowing ya
Last edited by Sandeep1; Jul 11, 2022 at 10:45 am
Jul 13, 2022, 5:28 am
#157
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Rolling dela…I mean vote delayed again. July 27th
Jul 13, 2022, 7:01 am
#158
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Maybe trying to see if Frontier might reconsider and up the ante? Who knows. I wonder what happens if Jet Blue decides to change its offer, less than before, but still more than Frontier.
The pop corn is getting cold, time to get more.
The pop corn is getting cold, time to get more.
Jul 17, 2022, 8:55 am
#159
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Perhaps, although Frontier has made it fairly clear this is their last and best offer.
Jul 26, 2022, 9:13 am
#160
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So JetBlue won, good for them!
Jul 26, 2022, 9:15 am
#161
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Jul 27, 2022, 5:47 am
#164
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I love the notion and strategy of JetBlue, but in execution I think it's run about like a high school bake sale, and I go back 15 years with B6. The prospect of this management upscaling to take charge of a fifth national network carrier is partly hilarious, partly radioactive.
You must be joking. All mergers of this nature are about consolidating pricing power, eliminating competition, and increasing shareholder returns. The main effect of this deal will be to erase Spirit's downward pricing pressure and free the remaining entrants to charge more.
Jul 27, 2022, 2:34 pm
#165
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