Jetblue and frontier announce divestiture agreement in connection with jetblue's combination with spirit

New york & denver--(business wire)--jetblue airways corporation (nasdaq: jblu) and frontier group holdings, inc. (nasdaq: ulcc) today announced that the airlines have entered into a definitive agreement under which jetblue will divest all of the holdings of spirit airlines, inc. (nyse: save) at new york's laguardia airport to frontier in connection with jetblue's planned merger with spirit. these divestitures are part of jetblue's upfront commitments included in the merger agreement with spirit.
JBLU Ratings Summary
JBLU Quant Ranking