JetBlue Airways Corporation (JBLU)
Pre-Market:
| Previous Close | 9.58 |
| Open | 9.76 |
| Bid | 9.90 x 46000 |
| Ask | 10.00 x 1200 |
| Day's Range | 9.76 - 10.07 |
| 52 Week Range | 9.22 - 20.89 |
| Volume | |
| Avg. Volume | 11,061,755 |
| Market Cap | 3.227B |
| Beta (5Y Monthly) | 1.39 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.60 |
| Earnings Date | Jul 25, 2022 - Jul 29, 2022 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 13.90 |
- Business Wire
JetBlue Urges Spirit Shareholders to Protect Their Interests and ‘Vote No’ on Frontier Transaction at Upcoming Spirit Special Meeting
NEW YORK, May 16, 2022--JetBlue Urges Spirit Shareholders to Protect Their Interests and ‘Vote No’ on Frontier Transaction at Upcoming Spirit Special Meeting
- Reuters
JetBlue launches hostile takeover bid for Spirit Airlines
JetBlue, which had earlier offered $33 per share, is locked in a takeover battle for Spirit with Frontier Group Holdings and has argued a deal will help better compete with the "Big Four" U.S. airlines that control nearly 80% of the passenger market. In a letter to Spirit shareholders on Monday, JetBlue offered $30 per share and said it was ready to "negotiate in good faith a consensual transaction at $33, subject to receiving necessary diligence". JetBlue said on Monday it had filed a "Vote No" proxy statement urging Spirit shareholders to vote against the planned merger with Frontier, which has offered $21.66 in cash and stock for each share of the discount carrier.
- Reuters
UPDATE 2-JetBlue launches hostile takeover bid for Spirit Airlines
JetBlue Airways Corp on Monday commenced a hostile all-cash takeover bid for Spirit Airlines Inc, days after the discount carrier rejected an offer from the larger rival. JetBlue, which had earlier offered $33 per share, is locked in a takeover battle for Spirit with Frontier Group Holdings and has argued a deal will help better compete with the "Big Four" U.S. airlines that control nearly 80% of the passenger market. In a letter to Spirit shareholders on Monday, JetBlue offered $30 per share and said it was ready to "negotiate in good faith a consensual transaction at $33, subject to receiving necessary diligence".
