Current：Home > ScamsJetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline -FundWay
JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline
View
Date：2025-04-15 12:12:27
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！ (66434)
Related
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Biden to speak at Valley Forge to mark 3 years since Jan. 6 Capitol riot
- Military dad surprises second-grade son at school after 10 months apart
- Federal Reserve minutes: Officials saw inflation cooling but were cautious about timing of rate cuts
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Kentucky’s former attorney general Daniel Cameron to help lead conservative group 1792 Exchange
- Deer crashes through windshield, kills 23-year-old Mississippi woman: Reports
- Rayner Pike, beloved Associated Press journalist known for his wit and way with words, dies at 90
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- 'Quarterbacky': The dog whistle about Lamar Jackson that set off football fans worldwide
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- J.J. McCarthy says Michigan stole signs to 'even playing field' with Ohio State
- NFL’s Damar Hamlin Honors First Anniversary of Cardiac Arrest
- WWII-era practice bomb washed up on California beach after intense high surf
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Taliban arrest women for ‘bad hijab’ in the first dress code crackdown since their return to power
- Elon Musk's X worth 71.5% less than it was when he bought the platform in 2022, Fidelity says
- South Korea views the young daughter of North Korean leader Kim Jong Un as his likely successor
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
2024 brings a rare solar eclipse that won't happen again for decades: Here's what to know
Oklahoma’s next lethal injection delayed for 100 days for competency hearing
The Supreme Court is expected to determine whether Trump can keep running for president. Here’s why
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
The AP goes behind the scenes at PWHL opener to capture ‘the birth of women’s hockey’
Firefighters battling large fire at the home of Miami Dolphins receiver Tyreek Hill
Israel’s Supreme Court delays activation of law that makes it harder to remove Netanyahu from office