US Justice Dept Sues To Block JetBlue-Spirit Airline Merger
US Justice Dept sues to block JetBlue-Spirit airline merger
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US Justice Dept sues to block JetBlue-Spirit airline merger
The US Justice Department on Tuesday sued to block a $3.8 billion JetBlue-Spirit airline merger, saying that the combination would harm consumers and violate
The federal government sued to stop JetBlue Airways from taking over South Florida-based Spirit Airlines in a $3.8 billion deal. The Department of Justice alleged the merger would narrow choices for consumers. The companies assert the agreement would open more flights and lower prices.
Spirit Airlines shareholders approved a a $3.8 billion deal to combine with JetBlue.
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