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The Latest Breaking News from JetBlue

Spirit Airlines Stock Soars As JetBlue Sweetens Takeover Bid to $3.65 Billion

"Spirit is continuing to engage in discussions with JetBlue and is continuing to work with Frontier under the terms of the existing merger agreement between Spirit and Frontier," the carrier said in a statement.

The Street

Merger Arbitrage Mondays - The Bidding War For Spirit Airlines (SAVE) Continues

After twelve new deals were announced during the prior two weeks, merger activity ground to a halt last week with no new deals announced. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner and in a trend we have been seeing for several weeks, yet another SPAC…

Benzinga

Why This Spirit Airlines Analyst Is Turning Bullish

A merger of Spirit Airlines Incorporated (NYSE: SAVE) is “a high probability outcome,” and a merger with JetBlue Airways Corporation (NASDAQ: JBLU) is more likely than with Frontier (NASDAQ: <

Benzinga

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JetBlue Now Flying Nonstop To Vancouver, Its First Canadian Destination

JetBlue Airways Corporation (NASDAQ: JBLU) is now flying nonstop from New York’s John F. Kennedy International Airport (JFK) to Vancouver International Airport (YVR), with the first flight arriving in British Columbia tonight.

Benzinga

Spirit Airlines Postpones Vote On Frontier Merger Following JetBlue's New Takeover Bid

Spirit Airlines Inc. (NYSE: SAVE) has abruptly postponed its Friday stockholder vote on its merger with Frontier Group Holdings (NASDAQ: ULCC) after JetBlue Airways (NASDAQ:

Benzinga

Spirit reviews latest JetBlue counteroffer as takeover fight nears finale

Hours after Spirit Airlines received a revised takeover bid from JetBlue Airways, the South Florida-based carrier said Monday its board of directors would review it.

Tribune News Service

Stocks Fade From Early Gains; JetBlue Ups Buyout Offer For Spirit; Treasury Yields Rise

The stock market gained as investors anticipated slower inflation. Spirit sweetened its offer for JetBlue. Solar stocks soared.

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JetBlue Ups Offer On Spirit Takeover Bid: What You Need To Know

JetBlue Airways (NASDAQ: JBLU) has upped the ante on its unsolicited acquisition of Spirit Airlines Inc. (NYSE: SAVE) as Spirit pushes ahead on a planned merger with Frontier Group Holdings Inc.

Benzinga

Frontier adds $250 million reverse breakup fee to Spirit bid in effort to deflect JetBlue

Frontier Airlines, in a move crafted to deflect JetBlue Airways’ bid for South Florida-based Spirit Airlines, has added a $250 million reverse breakup fee to its merger proposal.

Tribune News Service

Frontier, Spirit Airlines Amend Merger Agreement - See What's The Change

Spirit Airlines Inc (NYSE:SAVE) and Frontier Group Holdings Inc (NASDAQ:ULCC), the parent company of Frontier Airlines, Inc., amended their previously announced merger agreement. In the unlikely event the combination is not consummated for antitrust reasons, Frontier would pay a reverse termination fee of $250 million, or $2.23 per share, to Spirit under the provisions of…

Benzinga

Better Buy: United Airlines vs. JetBlue

Today I will analyze and compare United Airlines (UAL) and JetBlue Airways (JBLU) to determine which airline stock is currently a better buy.

StockNews.com

Mike Tyson admits he shouldn't be flying on public planes after recent row

Tyson left a man bloodied after being involved in a row whilst onboard a JetBlue plane last month and the former heavyweight champion has been left frustrated by the incident

Daily Mirror

Spirit Airlines Sticks To Frontier Deal - Ball Is In The Shareholders' Court Now

Frontier Airlines parent Frontier Group Holdings Inc (NASDAQ:ULCC) commented on Spirit Airlines Inc.'s (NYSE:SAVE) rejection of JetBlue Airways Corp's (NASDAQ:JBLU) offer. "We are pleased that the Spirit Board of Directors has again reaffirmed its commitment to combining with Frontier, which increases competition by bringing more ultra-low fares to more travelers and delivering substantial shareholder value," stated Barry…

Benzinga

Spirit urges shareholders to reject JetBlue’s hostile bid

JetBlue Airways’ hostile takeover bid for Spirit Airlines took a bitter turn on Thursday as the board of directors of the South Florida-based discount carrier urged its shareholders to spurn the offer.

Tribune News Service

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Benzinga

73 Biggest Movers From Yesterday

Gainers AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) shares jumped 65.9% to close at $2.77 on Monday after gaining around 10% on Friday.

The Street

JetBlue Goes Hostile for Spirit; Here's What That's Doing to Its Stock Price

JetBlue stock is under pressure amid its hostile bid for Spirit Airlines. Here are the key levels to know now.

Benzinga

41 Stocks Moving In Monday's Mid-Day Session

Gainers Data Storage Corporation (NASDAQ: DTST) shares jumped 51.1% to $3.4750 after the company reported better-than-expected Q1 financial results.

Investors Business Daily

Stock Market Resumes Losses As Retailers Prepare For Big Week Of Earnings; Techs Down; Oil Stocks Gain

The stock market traded lower Monday as investors prepared for a week of retailers' earnings. JetBlue plans a hostile takeover bid for Spirit.

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Benzinga

Why Spirit Airlines Shares Are Taking Off Today

Spirit Airlines Inc (NYSE: SAVE) shares are trading higher Monday after JetBlue Airways Corp (NASDAQ: JBLU) launched a hostile takeover bid for the discount airline.

Benzinga

Morning Brief: Top Financial Stories Dominating on Monday, May 16

CNBC Volkswagen CEO Shares Ambitious EV Ambitions For US Market

AFP

US carrier JetBlue launches hostile takeover of Spirit Airlines

New York (AFP) - Low-cost US carrier JetBlue Airlines announced on Monday a hostile takeover bid for its rival Spirit Airlines, which had rejected a previous offer in favor of a merger with Frontier.

The Street

Spirit Airlines Stock Soars As JetBlue Launches Hostile Takeover Bid at $30 Per Share

“JetBlue offers more value -- a significant premium in cash -- more certainty, and more benefits for all stakeholders," the company said of its $3.2 billion takeover bid.

The Street

Stocks Edge Lower, Week Ahead, Tesla, Twitter, Spirit & JetBlue In Focus - Five Things You Must Know

Stock futures edge lower as growth worries snuff out Friday rally; Week Ahead: consumer strength in focus ahead of retail sales data, big store earnings; Tesla slips amid report of more delays at Shanghai factory; Twitter extends slump as musk reveals spat with legal team and Spirit soars as JetBlue…

Tribune News Service

Airline passenger satisfaction declines in JD Power ranking

The frustrations of congested airport terminals and crowded planes are returning on top of the lingering effects of the COVID-19 pandemic.

Axios

New generation of budget airlines aims to disrupt flying

Pandemic-era startups Breeze Airways and Avelo Airlines offer non-stop flights from smaller cities.

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