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Spirit Airlines to start talks with JetBlue on its $3.6-billion bid

Spirit Airlines to start talks with JetBlue on its $3.6-billion bid

(Reuters) -Spirit Airlines would start talks with JetBlue Airways Corp on its $3.6-billion offer, the budget carrier said late on Thursday as it could likely lead to a “superior proposal” to the one from Frontier Group Holdings. JetBlue made an unsolicited offer of $33 per share in cash earlier this week, beating a near $25 per share cash-and-stock bid from Frontier made in February. “We look forward to engaging with the Spirit Board to finalize our combination, to create a national low-fare… Source link

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