December 13th, 2007
JBLU: Market Quickly Found the Right Price for JetBlue
Germay’s Lufthansa has agreed to buy 19% of JetBlue (JBLU) for $300 million. 300/0.19 = 1.578 billion in implied market value following the transaction. 1,578 – 300, therefore, would be the current value.
And that is pretty much exactly where JetBlue ended trading.
Like this article? Why not try out:
Topics: JetBlue (JBLU) | RSS
