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    Simone Biles has 5th skill named after her as she nails Yurchenko double pike vault at world championships

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    EPIC! President Trump SLAMS “Democrat Radical Left Lunatic” Jamaal Bowman, Tells Reporters He “Should be Prosecuted the Same Exact Way as The J6 People!” – Says People Won’t Be Disappointed Over January 6 When He is President | The Gateway Pundit

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JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal

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May 16, 2022
in Business
JetBlue to Launch Tender Offer for Spirit, Urge Shareholders to Vote Against Frontier Deal



JetBlue Airways Corp. said it plans to launch a hostile takeover attempt for discount carrier Spirit Airlines Inc. after Spirit rejected JetBlue’s $3.6 billion offer in favor of an existing deal with Frontier Airlines.

JetBlue is appealing directly to Spirit’s shareholders by launching a tender offer for their shares, in hopes of pressuring Spirit’s management to re-engage in negotiations, JetBlue said Monday. At the same time, JetBlue said it is urging Spirit shareholders to vote against Spirit’s planned merger with Frontier Group Holdings Inc. on June 10 to send a message to the Spirit board.



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