Hard to say. The nature of the trade has changed. Now we have to value spirit as a stand-alone entity, with a break up fee, potential engine issue, debt maturity. The merger is now an optionality in the share price.
Hard to say. The nature of the trade has changed. Now we have to value spirit as a stand-alone entity, with a break up fee, potential engine issue, debt maturity. The merger is now an optionality in the share price.
Hard to say. The nature of the trade has changed. Now we have to value spirit as a stand-alone entity, with a break up fee, potential engine issue, debt maturity. The merger is now an optionality in the share price.