EasyJet’s board has surrendered too easily to US bidder

EasyJet's board has seemingly accepted a US bidder's offer without much resistance, despite the company's goal of reaching £1bn in profitability. This raises questions about why they aren't more combative given the premium offer. Such takeovers can be tempting, especially for struggling firms, but the board's lack of a robust defense could set a concerning precedent for shareholder value and corporate independence in the UK. This situation underscores the delicate balance companies must maintain between financial incentives and long-term strategic integrity.