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Benzinga

Business

Phil Hall

JetBlue Won't Take No For An Answer, Makes Another Bid For Spirit Airlines

Spirit JetBlue Frontier Robin Hayes JetBlue Airways Nasdaq Spirit Airlines, Inc. Barry Biffle NYSE

If anything can be said about JetBlue Airways (NASDAQ:JBLU), it would be that it doesn't easily give up. The airline has offered yet another upgrade to its acquisition bid for Spirit Airlines Inc. (NYSE:SAVE), which is still focused on merging with Frontier Airlines, a unit of Frontier Group Holdings Inc. (NYSE:ULCC).

What Happened: In a Tuesday letter to Spirit shareholders, JetBlue CEO Robin Hayes declared his company’s “already superior proposal” would be sweetened with an “increased accelerated prepayment to $2.50 per share, structured as a cash dividend to Spirit shareholders promptly following the Spirit shareholder vote approving the combination between Spirit and JetBlue (subject to CARES Act limitations).”

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FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

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Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

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Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

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‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

Republican challenged by Democrat Troy Jackson in critical Senate race says she opposes Iran war and Canada tariffs

The Guardian - US

Haiti postpones elections indefinitely as gang violence hampers preparations

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FL Declares Emergency in 25 Counties as Gulf Depression Could Become Season's First Hurricane, Residents Warned

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Florida Governor Ron DeSantis has declared an emergency in 25 counties as Tropical Depression Nine tracks towards the Gulf Coast with hurricane-strength conditions possible near landfall.

International Business Times UK

USMNT Player Ratings vs. Canada: American Boys See Out Perfect Fall Window

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Friends of Nolan Wells sue NFL Hall of Famer Terrell Owens for defamation

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The Guardian - US

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

Fergus County Measles Case Triggers Amtrak Exposure Alert in Montana as North Dakota Warns Empire Builder Riders

A measles case in Fergus County, Montana, prompted alerts for an Amtrak stop in Malta and a Moore business as North Dakota warns train riders.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

‘Not exactly his favorite senator’: Susan Collins distances herself from Trump in Maine debate

Republican challenged by Democrat Troy Jackson in critical Senate race says she opposes Iran war and Canada tariffs

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Haiti postpones elections indefinitely as gang violence hampers preparations

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