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Biden administration and JetBlue square off in court over Spirit deal

Por: Los Angeles Times Business November 01, 2023

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A top Spirit Airlines executive said the company initially viewed a $3.8-billion takeover offer from JetBlue Airways as a bid to eliminate a low-cost rival, the same conclusion reached by U.S. regulators now trying to block the deal. It appeared Spirit’s low-fare business model would be eliminated under JetBlue, Spirit Chief Executive Ted Christie told a federal judge Tuesday in Boston on the first day of trial testimony in the antitrust... + full article



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