Shares of JetBlue Airways closed today at 6.75, a gain of 0.28 (4.33%). Shares of Spirit Airlines closed at 5.76, a drop of 0.70 (10.84%). Federal regulators allowed Sirius and XM to merge in 2008 and shares of SiriusXM are now at 4.17. Wooh!
JetBlue and Spirit Call Off Their $3.8 Billion Merger
JetBlue said it would pay Spirit $69 million to terminate the deal, which federal antitrust regulators blocked.
www.nytimes.com