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by robertlagrant 580 days ago
> They can choose to restructure or to sell off

I'm not familiar, but isn't the parent comment saying the sale was blocked?

2 comments

A specific sale was blocked on antitrust grounds. The proposed sale to Frontier would likely not have been, but the shareholders blocked it. A sale to, like, something other than an airline would certainly not be blocked.
they can be bought by another company, other investors, for a different price.