JetBlue and Spirit end $3.8B merger. Here's why | AP News
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 and Spirit Airlines terminate $3.8 billion merger - NBC News
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.
What to know about the blocked JetBlue-Spirit Airlines merger | AP News
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.
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 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. The decision is a big win for the...
JetBlue scraps $3.8 billion deal to buy Spirit Airlines - CBS News
Mar 5, 2024 · JetBlue Airways is ending its quest to buy Spirit Airlines more than a month after a federal judge blocked the $3.8 billion deal because of antitrust concerns.
JetBlue and Spirit abandon their decision to merge after it ... - 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 monopolization.
Judge Blocks JetBlue From Acquiring Spirit Airlines
Jan 16, 2024 · A federal judge on Tuesday blocked JetBlue Airways’ proposed $3.8 billion acquisition of Spirit Airlines, a victory for the Department of Justice, which argued that the deal would harm travelers.
Spirit Airlines shares plunge after judge blocks JetBlue merger
Jan 16, 2024 · Spirit Airlines shares tanked 47% on Tuesday after a federal judge in Boston ruled against JetBlue’s proposed $3.8 billion acquisition of the discount airline.