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.
What to know about the blocked JetBlue-Spirit Airlines merger | AP News
WEBJan 17, 2024 · The prospect of a JetBlue-Spirit Airlines merger has taken a major hit in court. A federal judge on Tuesday sided with the Biden administration and blocked the $3.8 billion deal to combine the two carriers.
JetBlue and Spirit abandon their decision to merge after it was ... - NPR
WEBMar 5, 2024 · Spirit Airlines and JetBlue Airways are abandoning their plan to merge, the companies announced Monday. A federal judge blocked the merger in January because of concerns about monopolization.
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. A federal judge blocked the ...
US sues to block JetBlue from buying Spirit Airlines | AP News
WEBMar 7, 2023 · The Biden administration sued to block JetBlue Airways’ $3.8 billion purchase of Spirit Airlines, saying Tuesday that the deal would reduce competition and drive up air fares for consumers.
JetBlue and Spirit to Create a National Low-Fare ... - Spirit Airlines
WEBJetBlue and Spirit to Create a National Low-Fare Challenger to the Dominant Big Four Airlines. Combination set to bring JetBlue’s unique blend of low fares and great service to more customers on more routes system wide. JetBlue terminates its all-cash tender offer to acquire Spirit common stock.
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.
JetBlue pulls out of deal to buy Spirit Airlines - CNN International
WEBMar 4, 2024 · JetBlue Airways announced Monday it is pulling out of its deal to purchase Spirit Airlines. The decision comes in the wake of a federal court ruling blocking the deal from taking place on...
Federal Judge Blocks JetBlue’s $3.8 Billion Acquisition of Spirit Airlines
WEBJan 16, 2024 · A federal judge on Tuesday blocked JetBlue Airways ’ JBLU 1.84% $3.8 billion deal to buy Spirit Airlines SAVE -0.39%, rejecting a merger that he said would hamper competition and lead to...