Spirit Airlines shares plunge after judge blocks JetBlue merger ...Middle East

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Spirit Airlines shares plunge after judge blocks JetBlue merger
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By Krystal Hur, CNN New York (CNN) — Spirit Airlines shares tanked 53% on Tuesday after a federal judge in Boston ruled against JetBlue’s acquisition of the company. “In light of the foregoing Findings of Fact and Conclusions of Law, it is hereby ordered that the Defendant Airlines, their agents, servants, employees, and all persons acting in concert with either of them, are permanently enjoined from executing the proposed merger as agreed on July 28, 2022,” wrote Judge William Young on Tuesday. This story is developing and will be updated. The-CNN-Wire™ & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. The post Spirit Airlines shares plunge

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