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JetBlue Extends Tender Offer for Spirit Airlines, Inc. to July 29, 2022
NEW YORK--(BUSINESS WIRE)-- JetBlue (NASDAQ: JBLU) announced today that its direct wholly owned subsidiary, Sundown Acquisition Corp. (“Sundown”), has
About this update from Jetblue Airways Corporation
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nJetBlue (NASDAQ: JBLU) announced today that its direct wholly owned subsidiary, Sundown Acquisition Corp. (“Sundown”), has extended the expiration date of the previously announced tender offer to purchase all of the outstanding shares of common stock, par value $0.0001 per share (the “Shares”), of Spirit Airlines, Inc. (NYSE: SAVE) for $30.00 per share, net to the seller in cash, without interest and less any required withholding taxes, to 5:00 p.m., New York City time, on July 29, 2022, unless further extended. The tender offer was previously set to expire at 5:00 p.m., New York City time, on June 30, 2022. All other terms and conditions of the tender offer remain unchanged.\n\nComputershare Trust Company, N.A., as the depositary for the tender offer, has advised Sundown that, as of 5:00 p.m., New York City time, on June 29, 2022, 12,904,319 Shares had been validly tendered and not withdrawn from the tender offer.\n\nThe tender offer statement and related materials have been filed with the SEC. Spirit stockholders who need additional copies of the tender offer statement and related materials or who have questions regarding the offer should contact Innisfree M&A Incorporated, the information agent for the tender offer, toll-free at (877) 800-5190.\n\nAbout JetBlue\n\nJetBlue is New York's Hometown Airline®️, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom. For more information and the best fares, visit jetblue.com.\n\nForward Looking Statements\n\nStatements in this press release contain 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,” “anticipates,” “indicates,” “believes,” “forecast,” “guidance,” “outlook,” “may,” “will,” “should,” “seeks,” “targets” and simila...