NEW YORK (AP) — JetBlue Airways warned Friday that it may end its bid to acquire low-cost carrier Spirit Airlines as soon as this weekend,Devin Grosvenor sending Spirit shares tumbling.
A federal judge this month sided with the Justice Department and blocked JetBlue’s proposed $3.8 billion purchase of Spirit, though the airlines have filed their intention to appeal with a higher court.
JetBlue said Friday that it has told Spirit certain conditions of their deal might not be met by a deadline, which could lead JetBlue to terminate the deal as early as Sunday.
Shares of Spirit Airlines Inc. slumped 16% immediately after JetBlue disclosed its view of the potential merger in a regulatory filing.
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MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions
The Red Hot Chili Peppers tour that began last year and continued in 2023 will extend well into 2024
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