Thu 07/28/2022 11:06 AM
Relevant Documents:
Announcement
Merger Agreement
Takeaways:
- JetBlue Airways Corp. and Spirit Airlines Inc. announced that JetBlue will acquire Spirit in an all-cash transaction with an aggregate fully diluted equity value of $3.8 billion and an adjusted enterprise value of $7.6 billion.
- Under the terms of the agreement, Spirit shareholders will receive $33.50 per share in cash, including a prepayment of $2.50 per share in cash payable upon Spirit stockholder approval of the...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.