JetBlue Boosts Spirit Airlines Bid Before Shareholder Vote

Spirit and Jetblue
Credit: Joe Raedle / Getty Images
JetBlue Airways sweetened the terms of its bid to acquire Spirit Airlines, part of an effort to win over Spirit’s shareholders ahead of a fast-approaching vote on whether to merge with Frontier Airlines. The revised offer raises JetBlue’s reverse break-up fee—which would compensate Spirit’s...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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