JetBlue and Spirit end $3.8B merger. Here's why | AP News
Mar 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
Mar 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.
JetBlue pulls out of deal to buy Spirit Airlines - CNN
Mar 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...
JetBlue tells Spirit Airlines that it may terminate its $3.8 billion ...
Jan 26, 2024 · NEW YORK (AP) — JetBlue Airways warned that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend after a federal judge blocked the deal, sending Spirit shares sharply lower Friday.
What to know about the blocked JetBlue-Spirit Airlines merger
Jan 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.
Justice Department Statements on JetBlue Terminating …
Mar 4, 2024 · JetBlue Airways Corporation (JetBlue) announced today that it has abandoned its $3.8 billion acquisition of Spirit Airlines Inc. (Spirit). In January, the U.S. District Court for the District of Massachusetts blocked the transaction because it violated “the core principle of antitrust law: to protect the United States’ markets – and its ...
Spirit Announces Termination of Merger Agreement with JetBlue
Mar 4, 2024 · Spirit Airlines, Inc. ("Spirit") (NYSE: SAVE) today announced that its merger agreement with JetBlue Airways Corporation has been terminated by mutual agreement.
JetBlue and Spirit Airlines terminate $3.8 billion merger - NBC …
Mar 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.
JetBlue and Spirit abandon their decision to merge after it was ... - NPR
Mar 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...
JetBlue and Spirit Call Off Their $3.8 Billion Merger
Mar 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.
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