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Spirit Airlines Ends Merger Deal, JetBlue Pays Up

Spirit Airlines Ends Merger Deal, JetBlue Pays Up

Confident Investing Starts Here:

An announcement from Spirit Airlines (SAVE) is now available.

Spirit Airlines and JetBlue Airways terminated their previously announced merger agreement, with JetBlue agreeing to pay Spirit $69 million in cash as part of the termination. The companies also consented to a six-month period of non-solicitation and non-disparagement, along with mutual releases of claims related to the merger. The termination and its conditions were made public by Spirit in a recent press release.

See more data about SAVE stock on TipRanks’ Stock Analysis page.

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