David, the owner of Azul says he will put an offer on LATAM soon if they don’t come to an agreement.
It’s in Portuguese but that’s what it says.
https://www.aeroin.net/david-neeleman-diz-que-fara-uma-oferta-para-comprar-toda-a-latam/
If a azul buys LATAM it has the potential to get about $60 + a share (my opinion)