Spirit Airlines, the South Florida-based discount carrier, rejected a $3.3 billion takeover offer from JetBlue Airways, citing antitrust concerns.

News JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department ...

The two low-cost carriers announced the cancellation of their planned deal amid opposing concerns over airline price hikes and suppressing competition. United States United States ...

Spirit Airlines’ (SAVE) board rejected JetBlue Airways Corporation’s (JBLU) overtures for the third time on Thursday.

JetBlue Airways can’t complete its $3.8 billion acquisition of Spirit Airlines after a federal judge in Boston found that the deal would stifle competition and raise fares for consumers.

Spirit Airlines once again rejected a sweetened takeover offer from JetBlue Airlines, citing antitrust concerns and asked its shareholders to vote for a merger with rival Frontier Group at a ...

Biden Antitrust and the Spirit Airlines Bankruptcy. The Justice Department blocked a merger with JetBlue, and the result will be less competition, higher fares, and laid-off workers. By .

JetBlue has called the deal pro-consumer and has sought to ease U.S. regulators' antitrust concerns by agreeing to sell off Spirit's gates and slots at certain airports in New York City, Boston ...

A federal judge blocked JetBlue’s $3.8 billion bid to acquire Spirit Airlines, arguing the merger would amount to higher prices and fewer options for passengers.

Spirit and Frontier were the bottom two airlines in the most recent passenger satisfaction survey conducted by JD Power.Its low-fare model also led to concerns that a sale to JetBlue would lead to ...

Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than ...