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Low-cost carriers JetBlue and Spirit agreed to terminate their $3.8 billion merger agreement after facing significant regulatory and legal hurdles. On Monday, the airlines issued a joint statement ...
A federal judge on Tuesday blocked JetBlue Airways’ planned $3.8 billion acquisition of ultra-low cost carrier Spirit Airlines after agreeing with the Justice Department that the deal would ...
JetBlue and Spirit Airlines are ending their proposed $3.8 billion combination after a court ruling blocked their merger.. JetBlue said Monday that even though both companies still believe in the ...
JetBlue and Spirit Airlines are ending their proposed $3.8 billion merger after a federal judge blocked the deal, ruling it would hurt competition. JetBlue said Monday that even though both compani… ...
Spirit Airlines (NYSE: SAVE) and JetBlue Airways Corp. (Nasadq: BLU) have terminated their multibillion-dollar merger agreement after a district judge ruled it would violate antitrust laws.
Spirit’s board stood by the Frontier deal for months, in the face of a higher-priced offer from JetBlue, by arguing that antitrust regulators would never let JetBlue buy the nation’s biggest ...
Spirit Airlines and Frontier Airlines agreed Wednesday to abandon their merger proposal, opening the way for JetBlue Airways to acquire Spirit after a months-long bidding war for the budget carrier.
(AP) - 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 ...
Last week JetBlue had previously warned that it might terminate the agreement. Shares of JetBlue Airways Corp. rose more than 5% before the market open, while Spirit’s stock slipped more than 13 ...
In late January, after the court ruling in favor of the Justice Department, JetBlue warned Spirit that it might terminate the agreement. JetBlue will pay Spirit a $69 million breakup fee. Some ...
In late January, after the court ruling in favor of the Justice Department, JetBlue warned Spirit that it might terminate the agreement. JetBlue will pay Spirit a $69 million breakup fee. Some ...
(AP) - 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 ...