JetBlue and Spirit end $3.8B merger. Here's why | AP News
WEBMar 4, 2024 · 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
WEBMar 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 ...
JetBlue Announces Termination of Merger Agreement with Spirit
WEBMar 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.
What to know about the blocked JetBlue-Spirit Airlines merger | AP News
WEBJan 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 and Spirit Call Off Their $3.8 Billion Merger
WEBMar 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.
JetBlue Submits Superior Proposal to Acquire Spirit, Positioning ...
WEBApr 5, 2022 · NEW YORK--(BUSINESS WIRE)-- JetBlue (NASDAQ: JBLU) today confirmed it has submitted a proposal to the Board of Directors of Spirit (NYSE: SAVE) to acquire Spirit for $33 per share in cash, implying a fully diluted equity value of $3.6 billion and providing full and certain value to Spirit shareholders.
Court blocks JetBlue’s attempt to buy Spirit Airlines
WEBJan 16, 2024 · The Justice Department and state attorneys general have successfully blocked JetBlue Airways’ $3.8 billion attempted purchase of ultra low-cost carrier Spirit Airlines, the second federal...
JetBlue and Spirit to Create a National Low-Fare ... - Spirit Airlines
WEBJetBlue 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 acquire Spirit common stock.
Judge Blocks JetBlue From Acquiring Spirit Airlines
WEBJan 16, 2024 · A federal judge on Tuesday blocked JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines, a victory for the Department of Justice, which argued that the deal would harm travelers.
JetBlue-Spirit Airlines merger called off - CNBC
WEBMar 4, 2024 · JetBlue, Spirit end $3.8 billion merger agreement after losing antitrust suit. JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge. The CEOs of JetBlue and ...