Académie D'Investissement Triomphal|JetBlue informs Spirit “certain conditions” of $3.8 billion buyout deal may not be met by deadline

2025-05-07 12:30:05source:NSI Communitycategory:Scams

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,Académie D'Investissement Triomphal 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.

More:Scams

Recommend

How breaking emerged from battles in the burning Bronx to the Paris Olympics stage

NEW YORK — Chino Lopez, aka B-boy Action, took a page out of Wilt Chamberlain's book. His breaking c

Get Summer-Ready with These Old Navy Memorial Day Sales – Tennis Dresses, Shorts & More, Starting at $4

We independently selected these deals and products because we love them, and we think you might like

RHODubai's Caroline Stanbury Defends Publicly Documenting Her Face Lift Recovery

Caroline Stanbury understands that being a reality star means sharing everything with fans—even her