Wall Street was set to take premarket increases into Monday’s open after a rough session Friday.
for the ultra low-cost carrier. JetBlue said in a filing that it would increase its breakup fee for the deal to $350 million and pay part of that as a $1.50-per-share dividend if the deal were to be consummated. In all, that increases the value of JetBlue's offer to $31.50 per Spirit share.
JetBlue, whose shares were unchanged, previously offered $30 per share and a $3 kicker if Spirit entered into negotiations. Spirit rejected that, favoring a lower bid from Frontier Airlines, on the thought that regulators would not approve a JetBlue combination.agreed to pay a breakup fee of $250 million on its deal. Frontier shares dropped 1.6% in Monday's premarket. Spirit was set to vote on the Frontier offer on Friday.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
5 Things to Know About NASA’s New Mineral Dust DetectorOur NASAEarth EMIT mission will help us better understand how mineral dust clouds affect our climate. Currently, we don’t have a firm answer on whether they're heating or cooling our planet. '5 Things to Know' before launch:
Les mer »
Things won't get better for tech anytime soon, Bank of America saysA sustained recovery in tech is becoming increasingly unlikely, according to Bank of America.
Les mer »
The best things to do this week in San AntonioThe best things to do this week in San Antonio: ‘Beautiful,” Brooks & Dunn, Teatro Esperanza
Les mer »
How Eddie Evolves the Classic Bad Boy Trope in 'Stranger Things' Season 4Eddie Munson's appeal in StrangerThings Season 4 lies in his beginnings as a bad boy before he subverts the familiar trope.
Les mer »
Kate Bush’s ‘Running Up That Hill’ Returns to U.K. Top 10 Thanks to ‘Stranger Things’Kate Bush’s 1985 single races to No. 8 in the U.K. this week off the back of hit Netflix series “Stranger Things.”
Les mer »
How ‘Stranger Things’ Season 4 Part 1 Failed Eleven’s Empowerment JourneyStrangerThings Season 4 Part 1 paints Eleven as a monster, effectively negating her powerful journey so far.
Les mer »