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Consumer News Spirit Airlines Board Of Directors Rejects Jetblue S Hostile Takeover Effort | RobinsPost News & Noticias

JetBlue and Spirit are ending their $3.8 billion merger plan after a federal judge blocked the deal


Activist investor Carl Icahn bought nearly 10% of JetBlue stock last month and won two seats on the airline’s board. Spirit announced a $2.2 billion merger with Frontier Airlines in early 2022. Read More

Federal Judge Blocks JetBlue-Spirit’s Ambitions in $3.8 Billion Merger to ‘Protect Consumers’


JetBlue Airways and Spirit Airlines have mutually decided to terminate their previously announced merger, valued at $3.8 billion. This decision comes in the wake of a federal judge’s verdict, which ... Read More

JetBlue, Spirit end bid to merge after antitrust objections


“The decision by JetBlue and Spirit to call off their merger is good news for the flying public,” said Diana Moss, vice president and director ... other U.S. carriers, Alaska Airlines and ... Read More

JetBlue and Spirit abandon their $3.8 billion merger


JetBlue and Spirit Airlines are throwing out their $3.8 billion merger agreement. Both airlines agreed to terminate the deal, citing “legal and regulatory approvals” that “were unlikely to ... Read More

JetBlue pulls out of deal to buy Spirit Airlines


New York (CNN) — JetBlue Airways announced Monday it is pulling out of its deal to purchase Spirit Airlines ... plans to win two seats on its board of directors for his allies at the upcoming ... Read More

JetBlue calls off merger with Spirit Airlines


JetBlue Airways on Monday announced that it is abandoning its bid to purchase Spirit Airlines, after a judge blocked its plans to merge earlier this year. New York-based JetBlue said that while ... Read More

JetBlue and Spirit are ending their $3.8 billion merger plan after a federal judge blocked the deal


JetBlue Airways ... the merger’s fate was distracting the airline from its effort to return to profitability. Spirit CEO Ted Christie said he was disappointed that the airlines could not combine ... Read More

JetBlue and Spirit abandon their $3.8 billion merger


That’s when JetBlue launched a hostile takeover of Spirit after the low-cost carrier’s deal with Frontier Airlines fell through. Both JetBlue and Spirit are dealing with financial issues of ... Read More

JetBlue and Spirit end their $3.8-billion merger plan after a federal judge blocked the deal


She said uncertainty over the merger’s fate was distracting the airline from its effort ... on JetBlue’s board. The end of the JetBlue-Spirit deal raises questions about whether Alaska ... Read More


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