Spirit said that JetBlue's offer doesn't address regulatory concerns. It still prefers a lower-priced bid from Frontier Group.
Spirit Airlines Inc said on Thursday its board had urged shareholders to reject the unsolicited buyout offer from JetBlue Airways Corp.
Gordon Bethune, former CEO of Continental Airlines, and Jamie Baker, JPMorgan sr. airline analyst, join 'Power Lunch' to discuss potential mergers, the state of the airline industry and what to expect
There's a fresh twist to the ongoing airline industry merger saga.
The Air Company, a New York City-based startup, is making vodka out of CO2 emissions. It hopes to launch several other products, including perfume.
Check out these top travel stocks to watch as JetBlue launches hostile takeover for Spirit.
JetBlue Airways Corporation (NASDAQ: JBLU) is committed to buying Spirit Airlines Inc (NYSE: SAVE) and it won't take no for an answer. On Monday, it launched a hostile takeover bid for the ultra-low-c

JetBlue launches hostile takeover for Spirit

12:19pm, Monday, 16'th May 2022
JetBlue is going hostile in its effort to acquire Spirit, the latest twist in an industry battle for the low-cost carrier.
Walmart shares are still in positive territory year to date, although they are notably off their April 21st highs.

Markets Await Big Box Retail Earnings Report

12:02pm, Monday, 16'th May 2022
Markets Await Big Box Retail Earnings Report
JetBlue is going hostile in its bid for Spirit Airlines and asking shareholders of the low-cost carrier to reject a proposed $2.9 billion acquisition by Frontier Airlines.
Aaron Glick, Cowen and Company merger strategist, joins CNBC's 'Squawk Box' to weigh in on Elon Musk's bid for social media company Twitter and JetBlue's hostile bid for Spirit Airlines.
Yahoo Finance Live anchors Brian Sozzi, Julie Hyman and Brad Smith discuss JetBlue's plans to launch a hostile takeover in the bid for Spirit Airlines.
Markets ticked lower today after China data disappoints
Transportation Sec. Pete Buttigieg joins CNBC's 'Squawk Box' to react to JetBlue's hostile takeover bid for Spirit Airlines and more.
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