NEW YORK (AP) — JetBlue Airways warned Friday that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend,Slabu sending Spirit shares tumbling.
A federal judge this month sided with the Justice Department and blocked JetBlue’s proposed $3.8 billion purchase of Spirit, though the airlines have filed their intention to appeal with a higher court.
JetBlue said Friday that it has told Spirit certain conditions of their deal might not be met by a deadline, which could lead JetBlue to terminate the deal as early as Sunday.
Shares of Spirit Airlines Inc. slumped 16% immediately after JetBlue disclosed its view of the potential merger in a regulatory filing.
2025-04-29 08:281546 view
2025-04-29 08:241827 view
2025-04-29 08:021034 view
2025-04-29 08:01975 view
2025-04-29 07:471240 view
2025-04-29 07:221291 view
Jim Harbaugh, the former Michigan football head coach who led the Wolverines to the 2023 national ch
Inter Miami CF was without Lionel Messi and Jordi Alba at Mercedes-Benz Stadium and they were unable
ANAHEIM, Calif. (AP) – Shohei Ohtani’s locker has been mostly cleared out at Angel Stadium, and the