Current：Home > reviewsJetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline -Quantum Capital Pro
JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline
View
Date：2025-04-12 05:45:02
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, 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.
veryGood！ (5184)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Aid workers killed in Israeli strike honored at National Cathedral; Andrés demands answers
- Iranian rapper Toomaj Salehi sentenced to death for backing protests
- The Justice Department admitted a Navy jet fuel leak in Hawaii caused thousands to suffer injuries. Now, victims are suing the government.
- Trump wants to turn the clock on daylight saving time
- Jeezy Denies Ex Jeannie Mai's Deeply Disturbing Abuse Allegations
- Powerball winning numbers for April 24 drawing with $129 million jackpot
- What age are women having babies? What the falling fertility rate tells us.
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- AP Week in Pictures: North America
Ranking
- A South Texas lawmaker’s 15
- What age are women having babies? What the falling fertility rate tells us.
- Gay actor’s speech back on at Pennsylvania school after cancellation over his ‘lifestyle’
- NFL draft attendees down for 3rd straight year. J.J. McCarthy among those who didn’t go to Detroit
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Sophia Bush talks sexuality, 'brutal' homewrecker rumors amid Ashlyn Harris relationship
- Bears have prime opportunity to pick a superstar receiver in draft for Caleb Williams
- The Best Jean Shorts For Curvy Girls With Thick Thighs
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
‘The movement will persist’: Advocates stress Weinstein reversal doesn’t derail #MeToo reckoning
Selena Gomez Addresses Rumors She's Selling Rare Beauty
BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Judge reject’s Trump’s bid for a new trial in $83.3 million E. Jean Carroll defamation case
Kim Petras cancels summer festival appearances due to 'health issues'
A look at past and future cases Harvey Weinstein has faced as his New York conviction is thrown out