JetBlue Announces Termination of Merger Agreement with Spirit
Mar 4, 2024 · NEW YORK--(BUSINESS WIRE)-- JetBlue (NASDAQ: JBLU) today announced that it has reached an agreement with Spirit Airlines (NYSE: SAVE) to terminate their July 2022 merger agreement.
JetBlue and Spirit end $3.8B merger. Here's why | AP News
JetBlue Airways and Spirit Airlines are ending their proposed $3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit’s lower fares.
JetBlue and Spirit Airlines terminate $3.8 billion merger - NBC News
Mar 4, 2024 · JetBlue Airways and Spirit Airlines on Monday said they were terminating their merger agreement weeks after losing a federal antitrust lawsuit that challenged the deal. A federal judge blocked the ...
What to know about the blocked JetBlue-Spirit Airlines merger | AP News
Jan 17, 2024 · The prospect of a JetBlue-Spirit Airlines merger has taken a major hit in court. A federal judge on Tuesday sided with the Biden administration and blocked the $3.8 billion deal to combine the two carriers.
JetBlue scraps $3.8 billion deal to buy Spirit Airlines - CBS News
Mar 5, 2024 · JetBlue Airways is ending its quest to buy Spirit Airlines more than a month after a federal judge blocked the $3.8 billion deal because of antitrust concerns.
JetBlue and Spirit to Create a National Low-Fare Challenger to …
JetBlue and Spirit to Create a National Low-Fare Challenger to the Dominant Big Four Airlines. Combination set to bring JetBlue’s unique blend of low fares and great service to more customers on more routes system wide. JetBlue terminates its all-cash tender offer to …
JetBlue and Spirit Call Off Their $3.8 Billion Merger
Mar 4, 2024 · JetBlue Airways and Spirit Airlines announced on Monday that they would not seek to overturn a court ruling that blocked their planned $3.8 billion merger. The decision is a big win for the...
JetBlue Submits Superior Proposal to Acquire Spirit, Positioning ...
Apr 5, 2022 · JetBlue Submits Superior Proposal to Acquire Spirit, Positioning America’s Much-Loved Airline as the Most Compelling National Low-Fare Challenger to the ‘Big Four’ Airlines. All-Cash Offer of $33 Per Share Represents a 52% Premium to Spirit’s Undisturbed Share Price on February 4, 2022, and a 50% Premium to Spirit’s Closing Price on ...
The JetBlue-Spirit Airlines merger was blocked by a federal judge.
Jan 16, 2024 · NEW YORK (AP) — The prospect of a JetBlue-Spirit Airlines merger took a major hit in court on Tuesday when a federal judge sided with the Biden administration and blocked the $3.8 billion...
JetBlue tells Spirit Airlines that it may terminate its $3.8 billion ...
Jan 26, 2024 · NEW YORK (AP) — JetBlue Airways warned that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend after a federal judge blocked the deal, sending Spirit shares sharply lower Friday.