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JetBlue seeks to buy Spirit Airways, threatening Frontier deal
April 5, 2022, 10:44 p.m. | AFP
Digital Journal www.digitaljournal.com
JetBlue Airways announced Tuesday a bid to acquire Spirit Airlines for $3.6 billion, setting up a bidding war with Frontier Airlines in the discount flying market. The all-cash bid of $33 a share marks a 52 percent premium of Spirit’s price prior to its February 7 announcement of the deal with Frontier, according to JetBlue. […]
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