JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle

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Go back to JetBlue, Spirit Airlines call off $3.8 billion merger on antitrust hurdle

JetBlue (JBLU), Spirit Airlines (SAVE) end merger agreement after losing antitrust suit

March 4, 2024 9:35 AM EST

JetBlue Airways (NASDAQ: JBLU) and Spirit Airlines (NYSE: SAVE) said Monday that they have mutually agreed to terminate their $3.8 billion merger agreement not long after they lost a federal antitrust lawsuit challenging the deal.

The companies said the decision to end the agreement was reached as the... More