JetBlue notifies Spirit that merger conditions may not be met by Jan 28 outside date

JETBLUE AIRWAYS CORP

JetBlue informed Spirit on Jan 25, 2024 that closing conditions may not be satisfied before the outside date.
Merger Agreement may be terminable by either party on and after January 28, 2024.
JetBlue continues to evaluate its options under the Merger Agreement and will abide by obligations until termination.
The notification follows ongoing DOJ lawsuit challenging the $3.8B merger.

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