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Stock impact report

JetBlue extends tender offer date for Spirit Airlines to July 29 [CNBC]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: CNBC
In the latest offer on June 27, JetBlue included a ticking fee of 10 cents per Spirit share, raising the deal value to $34.15 per share. Spirit Airlines on Wednesday deferred a shareholder vote on Frontier Group Holdings Inc 's merger offer for the budget carrier until next week. Frontier also raised its bid for Spirit last week. Both bidders see Spirit as an opportunity to expand their domestic footprints at a time when the U.S. airline industry is dogged by labor and aircraft shortages. Either of the deals would create the fifth-largest U.S. airline. Show less Read more
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