[HWR_14]

While true, it is equivalent to shareholders in that they get wiped out.

[no_wizard]

I don't feel sorry for shareholders here. There are risks with all investments and its not as if Spirit mislead investors or acted fraudulently. Sometimes, investments go bad, thats the risk.

We shouldn't prioritize shareholders over the general health of a marketplace

[HWR_14]

But it makes sense that with those alternatives shareholders would vote in favor of a buyout or a merger.