Current：Home > MarketsJetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline -Golden Horizon Investments
JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline
Benjamin Ashford View
Date：2025-04-06 09:52:43
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！ (23)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Malfunctioning steam room sets off alarm, prompts evacuation at Rhode Island YMCA
- Here are the most and least affordable major cities in the world
- Infectious bird flu survived milk pasteurization in lab tests, study finds. Here's what to know.
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- How much do you spend on Father's Day gifts? Americans favor mom over dad, survey says
- On Father’s Day, this LGBTQ+ couple celebrates the friend who helped make their family dream reality
- Kevin Bacon regrets being 'resistant' to 'Footloose': 'Time has given me perspective'
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- US Open third round tee times: Ludvig Aberg holds lead entering weekend at Pinehurst
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Sean ‘Diddy’ Combs returns key to New York City in response to video of him attacking singer Cassie
- On Father’s Day, this LGBTQ+ couple celebrates the friend who helped make their family dream reality
- Nashville police officer fired, arrested after OnlyFans appearance in uniform while on duty
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- 28 people left dangling, stuck upside down on ride at Oaks Amusement Park: Video
- Taylor Swift says Eras Tour will end in December
- New Mexico Debates What to Do With Oil and Gas Wastewater
Recommendation
Could your smelly farts help science?
U.N. official says he saw Israeli troops kill 2 Palestinians fishing off Gaza coast
Untangling the Heartbreaking Timeline Leading Up to Gabby Petito's Death
Sean Lowe and Catherine Giudici Warn Bachelor Couples Not to Fall Into This Trap
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Dog-eating crocodile that terrorized Australian town is killed and eaten by residents: Never a dull moment
$50M wrongful conviction case highlights decades of Chicago police forced confessions
Musk discusses multibillion-dollar pay package vote at Tesla's annual shareholder meeting