With the likelihood improving of a successful bid for Spirit Airlines, JetBlue Airways has raised its offer for the discounter a second time in as many weeks.
A new report from J.P. Morgan analyst Jamie Baker sees the likelihood of a merger between JetBlue Airways and Spirit Airlines improving. The comments come days after JetBlue improved its…
Spirit Airlines shareholders have another 20 days to decide whether they support a merger with Frontier Airlines or prefer a hostile, but potentially more lucrative if it's approved by regulators,…
JetBlue is raising the ante in its bid for Spirit Airlines in advance of the June 10 shareholders vote on the rival offer from Frontier Airlines. Spirit's board continues to recommend that shareholders vote for the Frontier offer.
This could get ugly. Spirit's board is coming out swinging against JetBlue's unsolicited merger offer and is urging shareholders to vote against it. Meanwhile, JetBlue claims Spirit's board is marred by conflicts of interest and is not looking out for shareholders by pushing the deal with Frontier.
The board at Spirit Airlines took little time in weighing in on JetBlue Airways' hostile takeover bid. The New York-based carrier's latest $30-per-share offer "is NOT in the best interests…
The flight attendant unions representing cabin crew members at Frontier Airlines, JetBlue Airways, and Spirit Airlines are backing a merger of Frontier and Spirit, or at least opposing JetBlue's hostile…