Spirit air lines a 100% buy out premium


So what your guys opinion the trial will start happening in 2/3 days from now depending on where you live.

Under the terms of the deal, JetBlue will acquire Spirit for $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable upon Spirit stockholders’ approval of the transaction and a ticking fee of $0.10 per month starting in January 2023 through closing, for an aggregate fully diluted equity value of $3.8bn

So prepayment put the deal at $31 a share $SAVE closed at 14.69 today I personally boosted my position to 1789 shares

With options IV also being over 100% you can secure even a lower cost average


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