Spirit Airlines is seeking to convince JetBlue Airways to appeal the decision blocking their merger, Reuters reports, citing people familiar with the talks.
- Spirit has told JetBlue that the contract requires them to exhaust legal options to complete the deal
- JetBlue has yet to decide whether it will seek an appeal
- Also mindful Spirit’s business has deteriorated since the deal was agreed
- Spirit, JetBlue didn’t respond to Reuters’ request for comment
- NOTE:
JetBlue’s $3.8 Billion Spirit Deal Turns Into a Nightmare (2)
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