( March 4, 2024, 13:48 GMT | Official Statement) -- MLex Summary: JetBlue announced today that it has reached an agreement with Spirit Airlines to terminate their July 2022 merger agreement. "Although both companies continue to believe in the procompetitive benefits of the combination, JetBlue and Spirit mutually agreed that terminating is the best path forward for both companies, [because the] required closing conditions, including receiving necessary legal and regulatory approvals, were unlikely to be met by the merger agreement’s outside date of July 24, 2024," JetBlue said.Full statement below....
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