Current：Home > FinanceJetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline -WealthSphere Pro
JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline
View
Date：2025-04-27 18:17:48
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！ (78757)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Ratepayers Have Had Enough Of Rising Energy Bills
- The AI industry uses a light lobbying touch to educate Congress from a corporate perspective
- Nebraska rides dominating defensive performance to 28-10 win over old rival Colorado
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Michigan mess and Texas triumph headline college football Week 2 winners and losers
- Georgia school shooting highlights fears about classroom cellphone bans
- Evacuations ordered as wildfire burns in foothills of national forest east of LA
- Why members of two of EPA's influential science advisory committees were let go
- Mega Millions jackpot soars to an estimated $800 million
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Dream Kardashian, 7, Makes Runway Modeling Debut at New York Fashion Week
- School districts race to invest in cooling solutions as classrooms and playgrounds heat up
- Once volatile, Aryna Sabalenka now the player to beat after US Open win over Jessica Pegula
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Inside the Gruesome Deadpool Killer Case That Led to a Death Sentence for Wade Wilson
- Demi Moore on 'The Substance' and that 'disgusting' Dennis Quaid shrimp scene
- Taylor Swift and Travis Kelce Arrive at NYC Dinner in Style After Chiefs Win
Recommendation
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Will Ja'Marr Chase play in Week 1? What to know about Bengals WR's status
No. 3 Texas football, Quinn Ewers don't need karma in smashing defeat of No. 9 Michigan
School districts race to invest in cooling solutions as classrooms and playgrounds heat up
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Shooting attack at the West Bank-Jordan border crossing kills 3 Israelis
Rap megastar Kendrick Lamar will headline the 2025 Super Bowl halftime show
Jessica Pegula and Aryna Sabalenka try to win the US Open for the first time