Press release
JetBlue Announces Record and Payment Dates for July 2023 Additional Prepayment to Spirit Stockholders
NEW YORK--(BUSINESS WIRE)-- As previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”),
About this update from Jetblue Airways Corporation
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nAs previously announced, in connection with the Agreement and Plan of Merger, dated as of July 28, 2022 (the “Merger Agreement”), by and among JetBlue Airways Corporation (“JetBlue”) (NASDAQ: JBLU), Sundown Acquisition Corp., and Spirit Airlines, Inc. (“Spirit”) (NYSE: SAVE), JetBlue has set July 25, 2023, as the record date for the July 2023 prepayment to Spirit stockholders of $0.10 per Spirit share (the “July 2023 Additional Prepayment”), with payment of the July 2023 Additional Prepayment to occur on July 31, 2023. Pursuant to the Merger Agreement, Spirit stockholders as of the July 25, 2023, record date will be entitled to receive the July 2023 Additional Prepayment.\n\n\nAbout JetBlue\n\n\nJetBlue is New York's Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue, known for its low fares and great service, carries customers to more than 100 destinations throughout the United States, Latin America, Caribbean, Canada, the United Kingdom and France. For more information and the best fares, visit jetblue.com.\n\n\nForward Looking Statements\n\n\nThis press release contains various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, which represent our management’s beliefs and assumptions concerning future events. These statements are intended to qualify for the “safe harbor” from liability established by the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “expects,” “plans,” “intends,” “anticipates,” “indicates,” “remains,” “believes,” “estimates,” “forecast,” “guidance,” “outlook,” “may,” “will,” “should,” “seeks,” “goals,” “targets” and similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured. Forward-looking statements involve risks, uncertainties a...