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Read More »Spirit shareholders approve takeover by JetBlue after a long battle for discount airline
Spirit Airlines shareholders have approved a takeover by JetBlue Airways after a six-month battle to create the country’s fifth-largest carrier, a deal that now faces a high hurdle with federal regulators. Spirit announced the results of the vote after a special shareholder meeting on Wednesday. In April, JetBlue made a $3.8 billion all-cash offer for Spirit, derailing Spirit’s …
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