An announcement from JetBlue Airways (JBLU) is now available.
JetBlue Airways Corporation and Spirit Airlines, Inc. have officially terminated their previous merger agreement. As part of the termination, JetBlue will pay Spirit $69 million. This decision follows initial plans announced in July 2022, and the termination agreement releases both parties from any related claims. Additionally, JetBlue has made a press release regarding this update, emphasizing that the information should not be taken as an official filing, and cautioning that forward-looking statements involved are subject to various risks and uncertainties.
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