5 Things to Know Before the Stock Market Opens Monday

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Wall Street was set to take premarket increases into Monday’s open after a rough session Friday.

for the ultra low-cost carrier. JetBlue said in a filing that it would increase its breakup fee for the deal to $350 million and pay part of that as a $1.50-per-share dividend if the deal were to be consummated. In all, that increases the value of JetBlue's offer to $31.50 per Spirit share.

JetBlue, whose shares were unchanged, previously offered $30 per share and a $3 kicker if Spirit entered into negotiations. Spirit rejected that, favoring a lower bid from Frontier Airlines, on the thought that regulators would not approve a JetBlue combination.agreed to pay a breakup fee of $250 million on its deal. Frontier shares dropped 1.6% in Monday's premarket. Spirit was set to vote on the Frontier offer on Friday.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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