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Why Is Spirit Airlines Stock Sliding Friday?

Benzinga

Spirit Airlines, Inc (NYSE: SAVE ) stock plunged Friday as JetBlue Airways Corp (NASDAQ: JBLU ) disclosed its inability to comply with every provision of the $3.8 The update sent the prices of the target company down 18% Friday. JetBlue also informed Spirit that the deal may be terminable on and after January 28, 2024.

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Why JetBlue Airways Stock Is Falling Today

Benzinga

JetBlue Airways Corp (NASDAQ: JBLU ) shares are trading lower Wednesday morning after the company confirmed it made a $3.6 JetBlue submitted a proposal to Spirit's board of directors to acquire Spirit for $33 per share in cash. The company. billion offer to acquire Spirit Airlines Inc (NYSE: SAVE ).

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Why Spirit Airlines Stock Is Grounded Today

Benzinga

Spirit Airlines Inc (NYSE: SAVE ) shares are trading lower Monday after the company rejected JetBlue Airways Corp's (NASDAQ: JBLU ) proposal and said it will proceed with its previously-announced merger agreement with Frontier Group Holdings Inc (NASDAQ: ULCC ). Full story available on Benzinga.com.

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Why Spirit Airlines Stock Is Moving Lower Today

Benzinga

Spirit Airlines Inc (NYSE: SAVE ) shares are trading lower Monday after the company announced an amended merger agreement with Frontier Group Holdings Inc (NASDAQ: ULCC ) which features a lower cash consideration, but more stock, than the acquisition offer from JetBlue Airways Corp (NASDAQ: JBLU ).

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Why Spirit Airlines Shares Are Taking Off

Benzinga

Spirit Airlines (NYSE: SAVE ) shares are trading higher following an NYT report suggesting JetBlue Airways Corp (NASDAQ: JBLU ) has made a $3.6 billion offer for the company. The report indicated JetBlue's offer represents a 40% premium. Full story available on Benzinga.com.

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JetBlue CEO Liked Spirit Flight, Judge Told In $3.8B Deal Row

Law 360 M&A

JetBlue Airways Corp.'s s CEO told a federal judge Friday that he was impressed by Spirit Airlines' service when he flew the low-cost carrier his company now hopes to purchase, as government attorneys seeking to stop the merger tried to show JetBlue viewed its rival as a threat.

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Spirit Airlines Sticks To Merger With Frontier

Benzinga

NASDAQ: ULCC ), the parent company of Frontier Airlines, Inc. The affirmation comes after JetBlue Airways Corp (NASDAQ: JBLU ) proposed yet another upgrade to its takeover proposal. Spirit Airlines Inc (NYSE: SAVE ) reaffirmed its commitment to its merger agreement with Frontier Group Holdings Inc.

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