JetBlue Airways (JBLU) to Acquire Spirit (SAVE) for $33.50/sh

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JetBlue and Spirit to Create a National Low-Fare Challenger to the Dominant Big Four Airlines

July 28, 2022 6:30 AM EDT

Combination set to bring JetBlues unique blend of low fares and great service to more customers on more routes system wide

JetBlue terminates its all-cash tender offer to acquire Spirit common stock

NEW YORK & MIRAMAR, Fla.--(BUSINESS WIRE)-- JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and Spirit Airlines, Inc. (Spirit) (NYSE: SAVE) today announced that their boards of directors have approved a definitive merger agreement under which JetBlue will acquire Spirit for $33.50 per share in cash, including a... More