JetBlue said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with Frontier Airlines
JetBlue Airways Corp. said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc. after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with Frontier Airlines .
JetBlue is appealing directly to Spirit’s shareholders by launching a tender offer for their shares, in hopes of pressuring Spirit’s management to re-engage in negotiations, JetBlue said Monday. At the same time, JetBlue said it is urging Spirit shareholders to vote against Spirit’s planned merger with Frontier Group Holdings Inc. on June 10 to send a message to the Spirit board.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Rebuffed by Spirit Airlines, JetBlue goes hostile in takeover bidJetBlue is going hostile in its bid for Spirit Airlines and asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines.
Les mer »
JetBlue makes hostile bid for Spirit Airlines after twice being rebuffedJetBlue is going hostile in its bid for Spirit Airlines and asking shareholders of the low-cost carrier to reject a proposed $2.9 billion acquisition by Frontier Airlines.
Les mer »
JetBlue launches hostile takeover bid for Spirit AirlinesJetBlue Airways Corp on Monday commenced a hostile all-cash takeover bid for Spirit Airlines Inc , two weeks after the discount carrier rejected an offer from the larger rival.
Les mer »
Rebuffed by Spirit, JetBlue goes hostile in takeover bidJetBlue is going hostile in its bid for Spirit Airlines and asking Spirit shareholders to reject a proposed $2.9 billion acquisition by Frontier Airlines
Les mer »
JetBlue launches hostile takeover for SpiritJetBlue is going hostile in its effort to acquire Spirit (SAVE), the latest twist in an industry battle for the low-cost carrier.
Les mer »
WSJ News Exclusive | JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal, Sources SayJetBlue plans to launch a hostile takeover attempt for discount carrier Spirit Airlines, after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with Frontier Airlines.
Les mer »