Judge blocks JetBlue’s $3.8 billion buyout of Spirit Airlines
A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition.
JetBlue Airways
Spirit Airlines & JetBlue Will Combine In Major $3.8 Billion Merger
The merger will allow the two companies to challenge the dominant airlines with competitive low fares.