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 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.
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.
JetBlue Submits Superior Proposal to Acquire Spirit, Positioning ...
WEBApr 5, 2022 · The combination of JetBlue and Spirit – coupled with the incredible benefits of our Northeast Alliance with American Airlines – would be a game changer in our ability to deliver superior value on a national scale to customers, …
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. The decision is a big win for the...
JetBlue and Spirit to Create a National Low-Fare ... - Spirit Airlines
WEBThe Northeast Alliance (“NEA”) with American Airlines is accelerating growth of JetBlue’s low-fare service in the Northeast where Delta Air Lines and United Airlines previously had limited competition, and where JetBlue was locked out of future growth in slot-constrained and congested airports.
JetBlue scraps $3.8 billion deal to buy Spirit Airlines - CBS News
WEBMar 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.
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 Submits Enhanced Superior Proposal to Acquire Spirit
WEBMay 2, 2022 · NEW YORK -- (BUSINESS WIRE)-- JetBlue (NASDAQ: JBLU) today announced it has enhanced its proposal to the Board of Directors of Spirit (NYSE: SAVE) to acquire all of the outstanding common stock of Spirit for $33 cash per share.
Spirit Announces Termination of Merger Agreement with JetBlue
WEBMar 4, 2024 · Spirit Airlines, Inc. ("Spirit") (NYSE: SAVE) today announced that its merger agreement with JetBlue Airways Corporation has been terminated by mutual agreement.