Liberalalliance Wealth Society|JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline

2025-05-01 06:05:24source:Benjamin Ashfordcategory:Scams

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,Liberalalliance Wealth Society 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.

More:Scams

Recommend

New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health

SANTA FE, N.M. (AP) — New Mexico would make major new investments in early childhood education, indu

Climate Migrants Lack a Clear Path to Asylum in the US

With crossings expected to surge when the Covid-related closure of the U.S.-Mexico border to migrant

Chloë Grace Moretz's Summer-Ready Bob Haircut Will Influence Your Next Salon Visit

Chloë Grace Moretz just debuted a kick-ass makeover.The Nimona actress kissed her long locks goodbye