JetBlue chases Spirit in last airline deal standing


JETBLUE Airways Corp and Spirit Airlines Inc would be a match made in weirdness, but those are the kinds of deals that happen in tightly consolidated industries where there’s at best one more mega-merger yet to come.

Spirit confirmed late Tuesday that JetBlue had offered to acquire it for US$33 (RM139) a share in cash, or about US$7.2bil (RM30.3bil) including the assumption of debt and operating leases.

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