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  "documentTitle": "Spirit | Mergers and Acquisitions Presentation Deck | 29 slides",
  "authorId": "spirit",
  "authorName": "Moelis & Company",
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  "presentationDate": "2022-05-01 00:00:00",
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  "notes": "Uses a decision tree structure to argue that both 'Yes' and 'No' outcomes lead to the same negative result for Spirit shareholders.",
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      "kind": "callout",
      "text": "The anticompetitive NEA should be blocked and Spirit cannot commit to a deal that leaves its shareholders on the sidelines while JetBlue engages in a litigation marathon with DOJ",
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      "text": "We consider JetBlue’s simplistic view on litigation outcomes to be severely flawed, inaccurate and misleading. If JetBlue wins or settles... If JetBlue loses... Neither outcome changes... In all cases, Spirit shareholders lose...",
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