Saturday, August 13

Spirit Airlines agrees to be bought by JetBlue in $3.8-billion deal


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Spirit Airlines Inc agreed on Thursday to a sweetened $3.8-billion offer from low-cost rival JetBlue Airways Corp, ending a drawn-out battle for the carrier that would help create the fifth-largest US airline.

(Reporting by Nathan Gomes in Bengaluru; Editing by Sriraj Kalluvila and Arun Koyyur)



financialpost.com

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