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Spirit shares sink 17% after JetBlue casts doubt on closing $3.8B merger

Por: New York Post Business January 26, 2024

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JetBlue Airways on Friday expressed doubts over closing its $3.8 billion merger with Spirit Airlines, saying that it might not meet certain conditions required as part of the deal before the due date. Shares of Spirit tumbled 17% after the announcement, adding to their that were sparked by a . The airline said it had informed Spirit that the merger agreement might be terminated on and after Sunday due to the unmet conditions. JetBlue said it... + full article



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