Name: Spirit Airlines (SAVE) Agrees to Sell to Jet Blue (JBLU)
Uploaded: 2022-07-28T19:05:07.744
Duration: 5 min 44 s

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In this segment Jenny Horne and Alex Coffey discuss Jet Blue’s (JBLU) all cash deal to buy Spirit Airlines (SAVE) making them the 5th largest domestic airline. George Tsillis joins the conversation to explain possible reasons why Spirit (SAVE) stock is still trading below the $33.50/share offer price. Alex and George also talk about whether consolidation is a sign of strength and what this might mean for customers. Shares of Spirit (SAVE) were trading at $25.45 Thursday afternoon, that’s up almost 5%.

Spirit Airlines (SAVE) Agrees to Sell to Jet Blue (JBLU)

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