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JetBlue shares tanked 6% in Wednesday's session as investors fretted about a costly buyout battle. If Frontier and Spirit combine, the airline would be the fifth largest in the United States and ...
Spirit Airlines’ shareholders on Wednesday rejected a planned merger with Frontier Airlines, after a monthslong bidding war between Frontier and JetBlue Airways, creating uncertainty about the ...
Frontier Airlines CEO comes out swinging at Spirit and JetBlue after his deal was scuttled. Frontier Airlines CEO: JetBlue buying Spirit could lead to 40% ticket price inflation [Video] Skip to ...
The New York-based airline clinched the deal a day after Spirit terminated its $2.7 billion merger deal with Frontier Group Holdings. JetBlue's shares were down 2.4%, while Spirit's shares were up ...
The bid counters one from Frontier in February, which put forth a $25 a share bid. JetBlue shares fell 6% in Wednesday's session as investors and Wall Street fretted about a costly buyout battle ...
JetBlue has officially offered to buy Spirit Airlines at $3.6 billion, $33 dollars per share in cash, while Frontier’s offer to Spirit Airlines was quoted at $2.9 billion back in February. In an ...
A rival is on the fiscal ropes, and could be partially (or even wholly) going away in the near future.
The two airlines won't merge after all after, but JetBlue is still interested. Any deal could mean consolidation among the US' budget airlines. Spirit and Frontier Airlines cancel merger deal.