May 16, 2022 Sophia Vida
Company News

JetBlue Has Launched a Hostile Takeover of Spirit Airlines

JetBlue Airways has launched a hostile takeover bid of Spirit Airlines. The former airline originally had offered $33 a share but Spirit’s board declined the offer in favor of an earlier plan to merge with Frontier Airlines. On Monday Jet Blue had offered Spirit shareholders $30 a share as part of a tender offer and … Continue reading “JetBlue Has Launched a Hostile Takeover of Spirit Airlines”