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News JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department ...
Ultra low cost carrier Spirit Airlines on Monday rejected JetBlue Airways’ $33-per-share takeover offer, saying it had a low likelihood of winning approval from government regulators.
Spirit Airlines, the South Florida-based discount carrier, rejected a $3.3 billion takeover offer from JetBlue Airways, citing antitrust concerns.
JetBlue Airways can’t complete its $3.8 billion acquisition of Spirit Airlines after a federal judge in Boston found that the deal would stifle competition and raise fares for consumers.
A JetBlue Airways Airbus A320 (left) passes a Spirit Airlines Airbus A320 as it taxis on the runway on July 7, 2022, at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla.
Spirit Airlines’ (SAVE) board rejected JetBlue Airways Corporation’s (JBLU) overtures for the third time on Thursday.
Spirit Airlines once again rejected a sweetened takeover offer from JetBlue Airlines, citing antitrust concerns and asked its shareholders to vote for a merger with rival Frontier Group at a ...
The board of Spirit Airlines rejected a $3.6 billion takeover bid by rival JetBlue Airways, saying it would continue to pursue a merger with Frontier Airlines.
JetBlue Airways agreed to transfer some Spirit Airlines gates and flight slots at three airports to help lessen antitrust concerns over its pending acquisition of the low-cost carrier. Spirit ...
Spirit and Frontier were the bottom two airlines in the most recent passenger satisfaction survey conducted by JD Power.Its low-fare model also led to concerns that a sale to JetBlue would lead to ...
The two low-cost carriers announced the cancellation of their planned deal amid opposing concerns over airline price hikes and suppressing competition. United States United States ...
Attorneys general from California, Maryland, New Jersey and North Carolina on Friday joined an antitrust lawsuit seeking to block JetBlue JBLU1.66%increase; green up pointing triangle Airways Corp ...