Current：Home > ContactJetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline -GrowthProspect
JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline
Benjamin Ashford View
Date：2025-04-10 15:39:52
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！ (6)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Sweet 16 schedule has Iowa, Caitlin Clark 'driving through the smoke' with eyes on title
- Mega Millions estimated $1.13 billion jackpot has one winning ticket, in New Jersey
- Sophia Smith, Portland Thorns sign contract making her NWSL's highest-paid player
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Former state Controller Betty Yee announces campaign for California governor
- This stinks. A noxious weed forces Arizona national monument’s picnic area to close until May
- NBC News drops former RNC Chair Ronna McDaniel as contributor after backlash
- This was the average Social Security benefit in 2004, and here's what it is now
- 4 people killed and 5 wounded in stabbings in northern Illinois, with a suspect in custody
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- When is the 2024 total solar eclipse? Your guide to glasses, forecast, where to watch.
- NFL's rush to implement new kickoff rules is Roger Goodell's latest winning power play
- Transform Your Clothes Into a Festival-Ready Outfit With These Chic & Trendy Accessories
- In ‘Nickel Boys,’ striving for a new way to see
- Brittany Snow Reveals “Saddest Part” of Ex Tyler Stanaland's Selling The OC Drama
- West Virginia Gov. Justice breaks with GOP Legislature to veto bill rolling back school vaccine rule
- Sophia Smith, Portland Thorns sign contract making her NWSL's highest-paid player
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Feel like a lottery loser? Powerball’s $865 million jackpot offers another chance to hit it rich
NFL's rush to implement new kickoff rules is Roger Goodell's latest winning power play
Pennsylvania House advances measure to prohibit ‘ghost guns’
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Driving along ... and the roadway vanishes beneath you. What’s it like to survive a bridge collapse?
Jill Biden wrote children’s book about her White House cat, Willow, that will be published in June
All That Alum Kenan Thompson Reacts to Quiet on Set Allegations About Nickelodeon Shows