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Is There a Bidding War?
Alaska bought irgin for two point six billion dollars, which was a forty seven % premium to the stocks closing price. The total enterprise value of the deal ends up being about four billion dollars if you include the debt and the aircraft leases te that virgin had. And this is the first red flag for me. I mean, i think that am basically a massive premium. Yes, any time you see a spike like that, you start to dig into y. We'll talkl bit more about the, kind of the way the industry is shifted.