Spirit, JetBlue Announce Merger Agreement After Frontier Vote Fails
Spirit Airlines has agreed to be acquired by JetBlue Airways in an all-cash deal valued at $3.8 billion, a move that comes one day after its shareholders formally rejected a competing offer from Frontier Airlines. The new deal will see JetBlue pay Spirit’s stockholders $33.50/share, with a...
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Spirit, JetBlue Announce Merger Agreement After Frontier Vote Fails is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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