Reuters reveals JetBlue, Spirit near takeover deal
Reuters was first to report that Frontier Group’s $2.7 billion acquisition of Spirit Airlines would collapse after the latter let […] The post Reuters reveals JetBlue, Spirit near takeover deal appeared first on Reuters News Agency.
admin
0
3
| Reuters was first to report that Frontier Group’s $2.7 billion acquisition of Spirit Airlines would collapse after the latter let it go to a shareholder vote that shot the deal down, allowing Spirit Airlines to finalize a $3.8 billion sale to JetBlue Airways. Shares of all three companies moved sharply after Reuters revealed the news. In a subsequent update today, Reuters reported that Spirit Airlines agreed to the $3.8 billion buyout offer from JetBlue Airways. |
The post Reuters reveals JetBlue, Spirit near takeover deal appeared first on Reuters News Agency.
