JetBlue’s $3.8bn Spirit deal faces tricky antitrust review ...Qatar

JetBlue Airways Corp already overcame one adversary in its battle to acquire Spirit Airlines Inc. Now it faces an even bigger fight. The $3.8bn merger must undergo a rigorous antitrust review that analysts say could lead to significant divestitures or changes to the deal’s structure — if it gets approved at all. Concern over regulatory pushback was the main reason Spirit’s board resisted JetBlue’s overtures for several months in favour of a lower offer from Frontier Group Holdings Inc. “This one is going to be put under the microscope,” Bill Baer, former assistant attorney general in charge of the Justice Department’s antitrust division, said of JetBlue’s deal. The notion that combining a l

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JetBlue’s $3.8bn Spirit deal faces tricky antitrust review ...Qatar

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