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The Latest Breaking News from Spirit

Spirit Airlines rejects JetBlue buyout bid on antitrust concerns, will stick with Frontier offer

FORT LAUDERDALE, Fla. — South Florida-based discount carrier Spirit Airlines announced Monday it has rejected a $3.6 billion buyout bid by JetBlue Airways, saying its suitor failed to sufficiently address antitrust concerns.

Tribune News Service

Spirit Airlines Rejects JetBlue's Takeover Bid; JetBlue Renews Offer

Spirit Airlines, Inc. (NYSE: SAVE) has rejected the acquisition bid from JetBlue Airways Corp (NASDAQ: JBLU) and will proceed with the previously-announced merger agreement with Frontier Group Holdings, Inc.

Benzinga

The Spirit of the NWSL As It Turns 10

The players are coming off a season of both triumph and turmoil. No club better embodies that dichotomy entering a landmark campaign than defending champion Washington.

Sports Illustrated

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The New and Next Faces of NWSL

With NWSL surging into its 10th season, it is being led by a core of rising talent that is under 25 and ready for the spotlight.

Sports Illustrated

The 10 Greatest Games in NWSL’s History

As the league hits its landmark 10th season, look back on its most dramatic, impactful and memorable games in the years leading up to it.

Sports Illustrated

Spirit Airlines Plans New Aircraft Maintenance Facility At Houston

Spirit Airlines Inc (NYSE:SAVE) plans to expand its presence in Houston by establishing an aircraft maintenance facility at George Bush Intercontinental Airport (IAH). The facility will serve as a large aircraft maintenance hangar with offices and warehousing for the Spirit Technical Operations team. The maintenance complex includes two aircraft bays and ramp space…

Benzinga

Spirit flight attendants picket at Detroit Metro after 'sleeping on floors'

DETROIT — Unionized flight attendants with Spirit Airlines Inc. on Tuesday picketed outside Detroit Metropolitan Airport, demanding the Florida-based low-cost carrier uphold its end of their contract by providing hotel accommodations and better communications in the event of cancelled flights.

Tribune News Service

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Merger Arbitrage Mondays – Thoma Bravo Adds SailPoint Technologies To Its Portfolio And Approaches Twitter

Merger activity increased last week with five new deals announced and one of the five new deals announced was a potential deal in the works. SailPoint Technologies (NYSE: SAIL)

Benzinga

Colbert on Biden’s gas price plan: ‘still not enough to save the Democrats’

Late-night hosts discuss inflation, Biden allowing ethanol gas blends to cut prices, and a planned Spirit Halloween store film

The Guardian - US

Seasonal store Spirit Halloween will be the focus of new movie

An upcoming movie will have a familiar setting for many Americans who have ever shopped for a Halloween costume.

Tribune News Service

Boeing Picks Spirit AeroSystems To Support B-52 Commercial Engine Replacement Program

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) received a contract award from Boeing Co. (NYSE:BA) to provide engine pylons and nacelles for the initial phase of the B-52 Commercial Engine Replacement Program (CERP). The total CERP effort is expected to replace 608 engines on the U.S. Air Force fleet of B-52H models. Spirit will support in extending…

Benzinga

Merger Arbitrage Mondays - WindAcre Doubles Its Stake In Nielsen Holdings (NLSN) And Other Deals

Merger activity decreased last week with three new deals announced and six deals completed. Tivity Health (NASDAQ: TVTY)

Benzinga

Hundreds of flights cancelled in US over the weekend

Jetblue and Spirit Airlines among carriers worst hit

The Independent UK

After $3.6 billion offer, Spirit Airlines agrees to negotiate with JetBlue

A new takeover offer for Spirit Airlines by JetBlue Airways of New York is now viewed as attractive enough for the South Florida-based carrier to enter into negotiations aimed at cutting a deal.

Tribune News Service

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Benzinga

Spirit Airlines Plans To Initiate Discussions With JetBlue On $3.6B Bid

Spirit Airlines Inc (NYSE:SAVE) Board has agreed to engage in discussions with JetBlue Airways (NASDAQ:JBLU) concerning an all-cash transaction for $33/share. Related: Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know Spirit remains bound by the terms of the merger agreement with Frontier Group Holdings, Inc. (NASDAQ:ULCC). Spirit's Board has not determined that JetBlue's proposal…

The Independent UK

Spirit Airlines will talk to JetBlue about takeover bid

The fight for Spirit Airlines is heating up again

Tribune News Service

JetBlue and Frontier are fighting to buy Spirit Airlines. What does that mean for South Florida?

The impending loss of Spirit Airlines as South Florida’s hometown air carrier could have a number of ramifications, ranging from hits on local employment and facilities to spikes in the prices leisure travelers pay to visit the region.

Tribune News Service

JetBlue ofrece $3,600 millones por Spirit para frustrar fusión con Frontier

Apr. 6—JetBlue Airways hizo una oferta no solicitada en efectivo para adquirir Spirit Airlines por un poco más de $3,500 millones, dos meses después que la compañía con sede en Miramar dijera que se fusionaría con su rival Frontier.

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news in one place.

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The Independent UK

‘Abandoned’ cabin crew forced to sleep on floor of airport due to flight cancellations

‘Crews were abandoned,’ says flight attendants union

Roll Call

Aviation program offset blows budget hole in Senate's COVID-19 aid plan - Roll Call

To win Republican support, Senate negotiators promised that a bipartisan COVID-19 aid package would be fully paid for.

Benzinga

Why JetBlue Airways Stock Is Falling Today

JetBlue Airways Corp (NASDAQ: JBLU) shares are trading lower Wednesday morning after the company confirmed it made a $3.6 billion offer to acquire Spirit Airlines Inc (NYSE: SAVE).

Tribune News Service

JetBlue Airways steps up as a rival suitor for Spirit Airlines with all-cash takeover offer

South Florida-based Spirit Airlines acknowledged Tuesday that it has attracted a surprise new suitor in JetBlue Airways of New York, which is seeking to outbid a recent merger offer by Frontier Airlines of Denver.

Tribune News Service

Airline flight delays improving, but cancellations persist for some

Flight delays and cancellations that waylaid travelers across the country last weekend are improving but cancellations continue, including in Detroit; a return to normal globally wasn't expected until mid-week, according to FlightAware.com.

Benzinga

Spirit Airlines Gets Second Takeover Bid This Year: What Investors Should Know

Spirit Airlines Incorporated (NYSE: SAVE) on Tuesday announced it received a purchase proposal from JetBlue Airways Corporation (NASDAQ: JBLU) to buy the company’s outstanding shares for $33 apiece.

The Independent UK

JetBlue makes offer for Spirit Airlines, could spark bid war

JetBlue Airways is trying to buy Spirit Airlines and break up a plan for Spirit to merge with fellow budget airline Frontier

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