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JetBlue, Spirit Airlines agree to terminate $3.8bn merger agreement

By Michele Maatouk

Date: Monday 04 Mar 2024

(Sharecast News) - JetBlue and Spirit Airlines said on Monday that they have agreed to terminate their $3.8bn merger due to regulatory challenges.
In January, a federal judge blocked JetBlue's acquisition of Spirit after the Justice Department sued to stop the merger, saying the deal would drive up fares for price-sensitive...

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