Spirit Airlines (SAVE) feels that JetBlue's $3.6B offer could lead to a "superior proposal" from its previously inked merger agreement with Frontier Airlines.
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss Spirit Airlines entertaining JetBlue's takeover offer despite receiving a competing bid from Frontier.
Spirit says JetBlue's unsolicited $33 a share all-cash offer could 'reasonably be likely' to lead to a superior proposal to rival Frontier's cash-and-stock offer agreed to in February.
(Reuters) -Spirit Airlines would start talks with JetBlue Airways Corp on its $3.6-billion offer, the budget carrier said on Friday as it could likely lead to a "superior proposal" to the one from Fro
JetBlue's bid to buy Spirit left investors scrambling.

Airline Stock Roundup: JBLU's $3.6 B Bid to Buy SAVE, RYAAY's Better View & More

06:19pm, Thursday, 07'th Apr 2022 Zacks Investment Research
JetBlue (JBLU) offers $3.6 B to buy Spirit (SAVE), Delta (DAL) looks to modernize its fleet.
Xenia Hotels & Resorts and Lands' End are part of today's Zacks Bull and Bear of the Day article.
JetBlue's bid to buy Spirit left investors scrambling.

Who loses if JetBlue buys Spirit? Comedians

02:49pm, Thursday, 07'th Apr 2022
Spirit Airlines' barebones business model has provided comedians with dozens of punchlines over the years.
Robin Hayes, the ebullient chief executive of JetBlue Airways Corp, was on an Amtrak train on Tuesday coming back from Boston when news broke that his company had made an offer to acquire Spirit Airli
JetBlue CEO Robin Hayes joins Yahoo Finance Live's Brian Cheung to discuss the airline's $3.6 billion bid for Spirit Airlines, which competes with Frontier's offer.

A Blow To The Spirit-Frontier Mega Merger?

08:23am, Thursday, 07'th Apr 2022
JetBlue is prepared to pay $3.6 billion for Spirit Airlines.
U.S. stocks finish lower for a second day on Wednesday, after Federal Reserve minutes detail plans to shrink its nearly $9 trillion balance sheet at the fastest clip ever.
Gordon Bethune, former Continental Airlines chairman and CEO, joins 'The Exchange' to discuss JetBlue's bid for Spirit.
Wall Street analysts call JetBlue's bid a "headscratcher," though some say the move would make Frontier the US' only low-cost giant.
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