To fight off Frontier’s bid, JetBlue sweetens its offer for Spirit
JetBlue Airways sweetens its takeover offer for Spirit Airlines. The move is the latest salvo in a tussle to create the fifth-largest U.S. airline. JetBlue’s bid represents a 68% premium to Frontier’s cash and stock offer. Spirit rebuffed an initial $33 a share buyout proposal from JetBlue in April. The Justice Department filed an antitrust … Read more