Biden administration moves to block JetBlue’s $3.8B Spirit takeover

Biden administration moves to block JetBlue’s $3.8B Spirit takeover

[ad_1] In an appearance Tuesday on CNN, Buttigieg acknowledged the unusual step his department is taking, saying DOT has “generally not gotten involved in these merger cases, but that’s changing today. It is so important to make sure that passengers have choices, that they have access to low fares and that they have access to … Read more

DOJ to file suit blocking JetBlue’s takeover of Spirit

DOJ to file suit blocking JetBlue’s takeover of Spirit

[ad_1] The lawsuit, which has been looming over the pending merger for months, could delay the deal by well over a year. The companies have until early next year to close the deal, which is aimed at creating the nation’s fifth-largest airline in an industry dominated by Delta, American, Southwest and United. In an interview … Read more