Spirit Airlines, the South Florida-based discount carrier, rejected a $3.3 billion takeover offer from JetBlue Airways, citing antitrust concerns.

News JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department ...

Spirit Airlines once again rejected a sweetened takeover offer from JetBlue Airlines, citing antitrust concerns and asked its shareholders to vote for a merger with rival Frontier Group at a ...

Spirit Airlines’ (SAVE) board rejected JetBlue Airways Corporation’s (JBLU) overtures for the third time on Thursday.

To assuage antitrust concerns, JetBlue pledged to sell several airport gates and flying slots owned by Spirit to low-cost carriers Frontier Group Holdings Inc. and Allegiant Airlines.

A federal judge blocked JetBlue Airways’ $3.8 billion bid to acquire Spirit Airlines, which the Justice Department successfully argued would amount to higher prices and fewer options for passengers.

Finance · Antitrust. JetBlue facing $470 million payment to Spirit Airlines after judge sides with government and blocks $3.8 billion merger. BY Madlin Mekelburg and Bloomberg.

JetBlue Airways agreed to transfer some Spirit Airlines gates and flight slots at three airports to help lessen antitrust concerns over its pending acquisition of the low-cost carrier. Spirit ...

The CEO of Spirit Airlines on Wednesday defended in court the planned $3.8 billion acquisition of his company by JetBlue Airways as a means to create a viable competitor to the four larger ...

US airlines' plans for growth constrained by antitrust concerns. By Rajesh Kumar Singh. December 6, 2023 9:56 PM UTC ... , opens new tab proposed merger with Spirit Airlines , opens new tab. ...

The two low-cost carriers announced the cancellation of their planned deal amid opposing concerns over airline price hikes and suppressing competition. United States United States ...