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”
Tag: spirit airlines
Company News
JetBlue Makes All-Cash Offer for Spirit Airlines
JetBlue Airways has made an all-cash offer of $3.6 billion for Spirit Airlines, which complicates…
April 6, 2022
Company News
Frontier and Spirit are Merging to Create One of the Largest Airlines in the United States
In a deal that was approved by both companies over the weekend, Frontier Airlines and…
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