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Spirit shareholders approve takeover by JetBlue after long battle for discount airline - 19 octombrie 2022

Versiunea din 26 septembrie 2023 06:38, autor: 127.0.0.1 (discuție) (The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).)
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A majority of Spirit Airlines 

shareholders have approved a takeover by JetBlue Airways

, ending a six-month battle to create the country’s fifth-largest carrier.

Spirit announced the results of the vote after a special shareholder meeting on Wednesday. In April, JetBlue made a $3.8 billion all-cash offer for Spirit, derailing Spirit’s plan for a cash-and-stock deal to merge with Frontier Airlines. 

The airlines now must convince federal regulators that that agreement won’t harm competition and drive up fares for consumers, a major hurdle in getting the takeover approved.

(US.SAVE)

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