Search results
Results from the WOW.Com Content Network
Spirit shares tumbled 17% in premarket trading, while shares of JetBlue were up roughly 4%. “It was a bold and courageous plan intended to shake up the industry status quo, and we were right to ...
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.
The failed merger comes as the Biden administration has scrutinized the joining of major companies. The government has also objected to a recent attempt to merge grocery giants Kroger and Albertsons.
News. Science & Tech
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 deal. The judge ruled ...
Under the merger agreement, JetBlue must pay $33 for each share of Spirit stock. Spirit's stock price was $6.30 at the start of business Monday, Feb. 5. JetBlue filed a statement with regulators ...
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 ...
The JetBlue-Spirit merger is dead.. Both airlines announced Monday they are calling off the $3.8 billion deal, just eight days after they had filed a legal brief seeking to overturn a court ...