JetBlue agrees to buy Spirit for $3.8B. It would create the 5th largest U.S. airline

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JetBlue agrees to buy Spirit for $3.8B. It would create the 5th largest U.S. airline JetBlue Airways has agreed to buy Spirit Airlines for $3.8 billion and create the nation's fifth-largest airline if the deal can win approval from antitrust regulators. The agreement Thursday capped a months-long bidding war and arrives one day after Spirit's attempt to merge with fellow budget carrier Frontier ...

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