JetBlue Launches Hostile Takeover Bid for Spirit AirlinesRead Newsmax: JetBlue Launches Hostile Takeover Bid for Spirit Airlines | Newsmax.com
JetBlue Airways Corp. on Monday commenced a hostile all-cash takeover bid for Spirit Airlines Inc, two weeks after the discount carrier rejected an offer from the larger rival. JetBlue, which in early April offered $33 per share, is locked in a takeover battle for Spirit with Frontier Group Holdings and has argued a deal will … Read more