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JetBlue Lifts Offer for Spirit Airlines, Commits to Selling Assets

June 21, 2022 by sandman
JetBlue Lifts Offer for Spirit Airlines, Commits to Selling Assets

JetBlue Airways Corp. JBLU 5.30% is continuing its quest to buy Spirit Airlines Inc., SAVE 2.11% increasing its offer and strengthening its commitment to divest itself of assets to get regulatory approval for the deal. JetBlue JBLU 5.30% on Monday increased its offer to $33.50 in cash per Spirit share. Previously, it had offered $31.50 … Read more

Categories Business Tags acquisitions, Acquisitions/Mergers, Acquisitions/Mergers/Shareholdings, Air Transportation, Airlines, Alternative Investments, business, C&E Industry News Filter, Chicago, Content Types, corporate, Corporate Actions, Corporate/Industrial News, diversions, Entertainment, Factiva Filters, Financial Services, financial vehicles, Frontier Group Holdings, funds, government policy, happy types, industrial news, investing, Investing/Securities, JBLU, JetBlue Airways, logistics, Low Cost Airlines, mergers, Ownership Changes, Passenger Airlines, Private Equity, regulation, Regulation/Government Policy, SAVE, securities, shareholdings, Spirit Airlines, SYND, Transportation, Transportation/Logistics, trusts, Trusts/Funds/Financial Vehicles, ULCC, venture-capital, WSJ-PRO-WSJ.com, wsjcorp Leave a comment

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