Help with Spirit/JetBlue deal


I’ve been holding both spirit and jet blue since 2020 and never been part of a stick with a buyout. But not sure exactly how the deal works.

If sale goes through it’s a sale of $33.50 per share. So if I purchased more shares now and the sale did go through I would just get the cash payout? And yes I know if it doesn’t go through I’m holding the bag and new shares won’t get the $2.50 payout.


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