Apr 6, 2022 SOURCE: AFP
CORRECTED: JetBlue seeks to buy Spirit Airlines, threatening Frontier deal
JetBlue Airways announced Tuesday a bid to acquire Spirit Airlines for $3.6 billion, setting up a bidding war with Frontier Airlines in the discount flying market.
The all-cash bid of $33 a share marks a 52 percent premium of Spirit's price prior to its February 7 announcement of the deal...
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