Spirit Airlines, the South Florida-based discount carrier, rejected a $3.3 billion takeover offer from JetBlue Airways, citing antitrust concerns.

Ultra low cost carrier Spirit Airlines on Monday rejected JetBlue Airways’ $33-per-share takeover offer, saying it had a low likelihood of winning approval from government regulators.

News JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department ...

To assuage antitrust concerns, JetBlue pledged to sell several airport gates and flying slots owned by Spirit to low-cost carriers Frontier Group Holdings Inc. and Allegiant Airlines.

JetBlue Airways and Spirit Airlines said Friday they will appeal a federal judge’s ruling that blocked the air carriers’ planned tie-up because the proposed merger would violate US antitrust law.

The board of Spirit Airlines rejected a $3.6 billion takeover bid by rival JetBlue Airways, saying it would continue to pursue a merger with Frontier Airlines.

JetBlue has called the deal pro-consumer and has sought to ease U.S. regulators' antitrust concerns by agreeing to sell off Spirit's gates and slots at certain airports in New York City, Boston ...

Spirit Airlines’ (SAVE) board rejected JetBlue Airways Corporation’s (JBLU) overtures for the third time on Thursday.

Spirit and Frontier were the bottom two airlines in the most recent passenger satisfaction survey conducted by JD Power.Its low-fare model also led to concerns that a sale to JetBlue would lead to ...

JetBlue Airways agreed to transfer some Spirit Airlines gates and flight slots at three airports to help lessen antitrust concerns over its pending acquisition of the low-cost carrier. Spirit ...

After Spirit Airlines declared that it had filed for Chapter 11 protection last November, rumors ... A federal judge ultimately blocked that agreement over antitrust concerns. Advertisement.

The two low-cost carriers announced the cancellation of their planned deal amid opposing concerns over airline price hikes and suppressing competition. United States United States ...