Current：Home > MyJetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline -VisionFunds
JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline
View
Date：2025-04-14 11:44:41
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！ (791)
Related
- New data highlights 'achievement gap' for students in the US
- TikToker Sofia Hart Details Rare Heart Condition That's Left Her With No Pulse
- Japan’s top court to rule on law that requires reproductive organ removal for official gender change
- Relatives of victims of alleged war crimes in Myanmar seek justice against generals in Philippines
- Meet first time Grammy nominee Charley Crockett
- Far-right candidate loses Tennessee mayoral election as incumbent decries hate and divisiveness
- Far-right candidate loses Tennessee mayoral election as incumbent decries hate and divisiveness
- A new RSV shot could help protect babies this winter — if they can get it in time
- Former longtime South Carolina congressman John Spratt dies at 82
- Americans relying less on cash, more on credit cards may pay more fees. Here's why.
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Nashville police chief’s son, wanted in the shooting of 2 officers, found dead after car chase
- Food insecurity shot up last year with inflation and the end of pandemic-era aid, a new report says
- Sam Bankman-Fried will testify in his own defense, lawyers say
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Candidates spar over key tax issue in final gubernatorial debate before Kentucky election
- Health care workers say workplace harassment doubled from 2018 to 2022, survey finds
- Jury selection continues in trial of boat captain in 2019 fire that killed 34 passengers
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
The US is sharing hard lessons from urban combat in Iraq and Syria as Israel prepares to invade Gaza
Man killed himself after Georgia officers tried to question him about 4 jail escapees, sheriff says
Wisconsin wildlife officials to vote new on wolf management plan with no population goal
Buckingham Palace staff under investigation for 'bar brawl'
Inside Israel's Palmachim Airbase as troops prepare for potential Gaza operations against Hamas
Denver Nuggets receive 2023 NBA championship rings: Complete details
Immigrants are coming to North Dakota for jobs. Not everyone is glad to see them