4 ms·
> If you offered to give Boeing $60B in exchange for 100% of the company, shareholders would reject it. Might as well take your chances that the company will s
by beagle3 7y ago
> If you offered to give Boeing $60B in exchange for 100% of the company, shareholders would reject it. Might as well take your chances that the company will survive. Fire all employees, eliminate all payroll for a year, and then try and re-start in 2021. If you ask too much, investors have other options.
Well then, the investors or government should just wait for the chapter 7 or chapter 11 filing if an offer is rejected. If one never comes, it was rightly rejected; and if one does - well, the party with the cash gets to set the terms.