
Ep 387. Bank Stock Sell-Offs, Higher Interest Rates, and JetBlue + Spirit Airlines Merger Arbitrage
Focused Compounding
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How Long Could It Take to Work Its Way Through the Justice System?
There's some chance that a deal could go through or someone could buy it at a higher price. It just doesn't seem like why would it trade at a lower price? I don't know But against that is the problem that if you look at most airlines Where the spirit is trading spirit is trading as if it's like other airlines and no one's trying to buy it. If you were managing 10 billion would you be interested in it? Mm-hmm So how long could this take to work its way through the justice system? Uh, yeah, I mean it could take a long time but obviously if they change the terms of the deal you're collecting more on spirit
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