The Revlon Doctrine - Unfair?

Normally a company's board can reject a buyout to protect the company's long-term future they don't have to sell to the highest bidder. But once a sale or breakup of the company becomes inevitable, the law flips the board's job: their only duty is now getting shareholders the maximum price. Apparently, it comes from a 1986 fight where Revlon's board tried to hand the company to a favored buyer on sweetheart terms. Is this fair? I made a video on it for more context The Revlon Doctrine

u/Substantial-Run6664 — 15 days ago
▲ 1 r/jetblue+3 crossposts

Who’s to blame for Spirit’s failure?

I put together a quick video walking through what actually happened to Spirit Airlines.

There’s a defense JetBlue could’ve used called the “failing firm defense” - that says if a company is going to die anyway, letting a competitor buy it isn’t really reducing competition. Almost nobody wins it, because you have to walk into court and prove you’re dying. Spirit’s executives told the court the opposite.

Two years later, they couldn’t survive.

Video below!

reddit.com
u/Substantial-Run6664 — 3 months ago
▲ 8 r/uapdrop+5 crossposts

UFO Videos released! Now follow the Money

I put together a quick video walking through the consolidation history merger that closed the same week the original 2020 UAP videos dropped, the Aerojet Rocketdyne deal the FTC blocked and L3Harris bought anyway.

108 of the 162 files have redactions. The Pentagon says the redactions protect “the identity of eyewitnesses, the location of government facilities, or potentially sensitive information about military sites not related to UAP.” Take that for what it’s worth.

I’m not a UFO researcher but I’m curious what this sub thinks

UFO Money and Defense Companies

u/Substantial-Run6664 — 3 months ago

I went down a rabbit hole on the Paramount/Warner Bros deal and I can’t stop thinking about who actually paid for it

About $24 billion of the money came from the sovereign wealth funds of Saudi Arabia, Qatar, and Abu Dhabi. Another chunk came from Jared Kushner’s firm. So our media is influenced by a foreign government?

Paramount & WBD Deal

u/Substantial-Run6664 — 4 months ago

Been researching the 1985 deal and the more I learn, the less it looks like Paul's "mistake." Michael's lawyer John Branca ran a 100-lawyer due diligence op, $1 million in fees before any money moved, basically a Wall Street M&A operation. Paul wrote letters for years after and Michael never replied.

Was Paul ever really in the running, or was this over before he knew it started?

How Paul and MJ's dinner became worth $2 Billion

u/Substantial-Run6664 — 4 months ago