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.

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.
Wall Street analysts call JetBlue's bid a "headscratcher," though some say the move would make Frontier the US' only low-cost giant.
Robin Hayes, JetBlue CEO, joins 'Squawk on the Street' to discuss details behind the company's bid for Spirit.
MKM Partners Executive Director Conor Cunningham joins Yahoo Finance Live's Julie Hyman and Brian Sozzi to discuss competing offers from JetBlue and Frontier for acquisition of Spirit Airlines and wha
Yahoo Finance's Emily McCormick joins the Live show to discuss JetBlue's $3.6 billion offer to acquire Spirit Airlines.
Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss stock dips for Frontier and JetBlue over the bid to acquire Spirit Airlines.
Investors are selling JBLU stock after JetBlue announced a competing, all-cash offer for Spirit Airlines. Raymond James downgraded the shares.
JetBlue Airways announced Tuesday a bid to acquire Spirit Airlines for $3.6 billion, setting up a bidding war with Frontier Airlines in the discount flying market.
JetBlue Airways is offering $3.6 billion in an all-cash deal to buy Spirit Airlines, which would challenge the efforts by Frontier Airlines to do the same, The Wall Street Journal reported Tuesday (Ap
JetBlue Airways Corp. has shouldered its way into the midst of Spirit Airlines Inc. and Frontier Group Holdings Inc.'s merger plan, billing itself as the “most compelling” suitor and the most like

Lael Brainard Turns Hawkish, Snags Indexes

06:49pm, Tuesday, 05'th Apr 2022
The Dow fell -279 points, -0.80%, the S&P 500 shed -57 points, -1.25%. But the Nasdaq dropped -328 points, -2.26%, and the Russell lost -49 points, -2.36%.

Frontier rebukes JetBlue offer

06:35pm, Tuesday, 05'th Apr 2022
CNBC's Phil LeBeau joins 'Fast Money' to report on Frontier's response to JetBlue's acquisition offer for Spirit Airlines.
Frontier and Spirit announced a groundbreaking merge worth $6.6 billion in February, but JetBlue is looking to make its own deal.
Spirit's stock soared more than 28% following the news.
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