JetBlue submits improved proposal to buy Spirit -Breaking
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© Reuters. FILEPHOTO: JetBlue Airways airplanes at John F. Kennedy International Airport New York, June 15, 2013, are shown. REUTERS/Fred Prouser
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© Reuters. FILEPHOTO: JetBlue Airways airplanes at John F. Kennedy International Airport New York, June 15, 2013, are shown. REUTERS/Fred Prouser2/2
(Reuters) – JetBlue Airways Corp (NASDAQ:) Corp stated Monday that JetBlue Airways had presented a better proposal to acquire the company. Spirit Airlines (NYSE:) Inc.
The proposal offers Spirit’s stockholders superior value and prepayment of $1.50 per share of the cash consideration, JetBlue said.
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