JetBlue and Spirit Airlines Abandon $3.8 Billion Merger After Regulatory Hurdles

Veuer 2024-03-05

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JetBlue and Spirit Airlines have officially called off their $3.8 billion merger after facing insurmountable regulatory challenges. The decision follows a federal judge's blockage of the deal two months ago, citing concerns over reduced competition and potential consumer harm. Veuer’s Maria Mercedes Galuppo has the story.
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