South Florida-based discount carrier Spirit Airlines announced Monday it has rejected a $3.6 billion buyout bid by JetBlue Airways, saying its suitor failed to sufficiently address antitrust concerns.

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.

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 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.

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.

Spirit Airlines’ (NYSE:SAVE) board rejected JetBlue Airways Corporation’s (NASDAQ:JBLU) overtures for the third time on Thursday. Spirit Airlines executives are emphatically rejecting JetBlue ...

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.

JetBlue's immediate next step, however, is to address some concerns it has with the DOJ's filing. "We now will get a chance to respond to the complaint, which is what we will do," Hayes said.

The CEO of Spirit Airlines on Wednesday defended in court the planned $3.8 billion acquisition of his company by JetBlue Airways as a means to create a viable competitor to the four larger ...

Spirit’s problems could lead to higher fares across the industry. Its low fare model had prompted major airlines to also offer a no-frills “basic economy” seats on their planes. If it is ...

UPDATE 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 ...