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Old 01-19-2024, 05:34 PM
  #901  
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That they are checking a required box.
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Old 01-19-2024, 05:41 PM
  #902  
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Originally Posted by pilotpayne
That they are checking a required box.
wonder if they would tell the attorneys “we don’t want to spend a lot of money”… “don’t put much time and effort into the case”

or hire a cheap law firm like Dowe Cheatem & Howe.
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Old 01-19-2024, 05:43 PM
  #903  
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Originally Posted by Halon1211
https://www.cnbc.com/2024/01/19/jetb...ed-merger.html

what is the feeling you guys are getting from the company about how they feel about appealing the judges decision?

more so because they’re obligated too?

or they still think they have a chance?
Oh she's dead Jim.
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Old 01-19-2024, 10:06 PM
  #904  
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Originally Posted by Halon1211
https://www.cnbc.com/2024/01/19/jetb...ed-merger.html

what is the feeling you guys are getting from the company about how they feel about appealing the judges decision?

more so because they’re obligated too?

or they still think they have a chance?
I hope they give it 100%. Not sure how often cases get overturned but I assume it’s not often so chance are slim. Also not sure how long it will take.
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Old 01-20-2024, 03:37 AM
  #905  
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Originally Posted by Noisecanceller
I hope they give it 100%. Not sure how often cases get overturned but I assume it’s not often so chance are slim. Also not sure how long it will take.
a lot actually do get overturned but unfortunately I don’t think this will. I think the only indication JB wants it to is jf they apply for an expedited trial, or recut the deal for less money. All that being said, it’s pretty frustrating if JB wants to bail. They should have F’d off to begin with and let us merge with F9
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Old 01-20-2024, 03:53 AM
  #906  
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Originally Posted by Chimpy
a lot actually do get overturned but unfortunately I don’t think this will. I think the only indication JB wants it to is jf they apply for an expedited trial, or recut the deal for less money. All that being said, it’s pretty frustrating if JB wants to bail. They should have F’d off to begin with and let us merge with F9
I still think we see a price recut before the end of this appeal process.
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Old 01-20-2024, 04:40 AM
  #907  
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Originally Posted by Flyby1206
I still think we see a price recut before the end of this appeal process.
. I hope. No sense in merging and creating one ;arge distresseed Sh-tshow.....
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Old 01-20-2024, 04:41 AM
  #908  
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Originally Posted by Flyby1206
I still think we see a price recut before the end of this appeal process.
​​​​​​
Agree. This outside date of July 24 is there opening to negotiate a better price. The fact is Spirit's value and prospects have deteriorated substantially since the deal was originally made. Most analysts think JB dodged a bullet with the judges decision, whether they are right or wrong. Spirit should negotiate a much better share price if they want a hard push through the end of this process. Would be interesting to see if the Supreme Court would even agree to hear the case.
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Old 01-20-2024, 04:42 AM
  #909  
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Originally Posted by Chimpy
a lot actually do get overturned but unfortunately I don’t think this will. I think the only indication JB wants it to is jf they apply for an expedited trial, or recut the deal for less money. All that being said, it’s pretty frustrating if JB wants to bail. They should have F’d off to begin with and let us merge with F9
I think it would be moreso that they dont see the appeal being successful, than wanting to bail. All guesses of ofcourse, and its hard to speculate on intent based off 1 email.
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Old 01-20-2024, 05:12 AM
  #910  
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Originally Posted by DrSmacFum
I think it would be moreso that they dont see the appeal being successful, than wanting to bail. All guesses of ofcourse, and its hard to speculate on intent based off 1 email.
Agreed, they spent the whole case laying out their best defense of the merger. In order to appeal they need to show how the law was incorrectly applied. I know to us armchair CEO/lawyers it seems clear but that may not be the reality.
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