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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 ...
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 Airways and Spirit Airlines filed an appeal late Friday of the federal court ruling from earlier this week that had blocked their proposed merger on antitrust grounds.
The travelers bringing the suit also said that the merger could result in some people choosing not to fly at all, because JetBlue’s own internal estimates show that the ultra low-cost carrier ...
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 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 ...
Spirit Airlines stock keeps tanking. Here's what Wall Street analysts think is next for the low-cost carrier.