Spirit, JetBlue Announce Merger Agreement After Frontier Vote Fails
Credit: Joe Raedle / Getty Images
Spirit Airlines has agreed to be acquired by JetBlue Airways in an all-cash deal valued at $3.8 billion, a move that comes one day after its shareholders formally rejected a competing offer from Frontier Airlines. The new deal will see JetBlue pay Spirit’s stockholders $33.50/share, with a...
Subscription Required
Spirit, JetBlue Announce Merger Agreement After Frontier Vote Fails is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
