JetBlue, Spirit end $3.8 billion merger agreement after losing antitrust suit
JetBlue Airways and Spirit Airlines on Monday said they are ending their agreement to merge, weeks after losing a federal antitrust lawsuit that challenged the deal.
Spirit Airlines in asian news
JetBlue shares jump 15% as activist Carl Icahn reports stake and calls shares undervalued
Activist investor Carl Icahn on Monday reported a nearly 10% stake in JetBlue Airways, saying the airline stock is undervalued. Shares of JetBlue spiked more than 15% in extended trading.
CNBC Daily Open: Make way for the bull market?
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JetBlue and Spirit appeal judge's ruling that blocks their proposed merger
JetBlue Airways and Spirit Airlines on Friday said they are appealing a federal judge's ruling earlier this week that blocks the two carriers' planned merger on antitrust grounds.
Judge blocks JetBlue-Spirit merger after DOJ's antitrust challenge
A federal judge blocked JetBlue Airways' purchase of budget rival Spirit Airlines after the Justice Department sued to stop the merger, alleging it would drive up fares for some of the most price-sensitive consumers.