JetBlue, Spirit scrap $3.8B acquisition deal

01:30pm, Monday, 04'th Mar 2024
JetBlue Airways (JBLU) and Spirit Airlines (SAVE) have officially terminated their $3.8 billion merger agreement. JetBlue was seeking to acquire Spirit but could not secure the necessary regulatory ap

JetBlue and Spirit call off merger

01:01pm, Monday, 04'th Mar 2024
JetBlue Airways (NASDAQ:JBLU) has torn up its proposed takeover of Spirit Airlines, after a federal judge blocked the $3.8 billion deal.  Shares in New York airline JetBlue jumped almost 4% in earl
JetBlue and Spirit Airlines formally pulled the plug Monday on their merger, about six weeks after a federal judge ruled it violated US antitrust law.

New Jobs Week to Keep Bull Market Charging?

11:21am, Monday, 04'th Mar 2024
There will also be a healthy number of additional economic and earnings reports through the course of this week.
JetBlue (JBLU) and Spirit Airlines (SAVE) have called off their $3.8 billion proposed merger after regulators blocked the deal.
Shares of Spirit Airlines (NYSE: SAVE ) stock are taking a tumble after the discount airliner announced that its $3.8 billion merger with JetBlue (NYSE: JBLU ) had been called off. This morning, the t
Low-cost carriers JetBlue and Spirit called off their proposed $3.8 billion merger on Monday — weeks after a federal judge blocked the deal on anti-competition concerns. A successful deal would hav
The price JetBlue had agreed to pay was looking like way too much.
Deal would have created fifth-largest US carrier but judge said it would harm consumers by reducing competition
The move came weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers.
Spirit Airlines Inc tanked 20% in premarket on Monday after JetBlue Airways Corporation terminated its $3.8 billion merger agreement with the ultra-low-cost carrier. The news arrives shortly after a f

JetBlue, Spirit agree to terminate merger

09:05am, Monday, 04'th Mar 2024
JetBlue and Spirit agreed to terminate their merger agreement after facing regulatory hurdles. The airlines issued a joint statement saying that the decision "is the best path forward.

JetBlue terminates $3.8 bln Spirit deal

08:37am, Monday, 04'th Mar 2024
Low-cost carrier JetBlue Airways said on Monday it has terminated its $3.8 billion merger agreement with rival Spirit Airlines , after a U.S. judge blocked the deal on anti-competition concerns.
JetBlue and Spirit Airlines had appealed a federal judge's decision to block their merger earlier in January.
JetBlue (JBLU) reported earnings 30 days ago. What's next for the stock?
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