JetBlue and Spirit Airlines Abandon $3.8 Billion Merger After Regulatory Hurdles
JetBlue and Spirit Airlines Abandon $3.8 Billion Merger After Regulatory Hurdles

JetBlue and Spirit Airlines have officially called off their $3.8 billion merger after facing insurmountable regulatory challenges.

The decision follows a federal judge's blockage of the deal two months ago, citing concerns over reduced competition and potential consumer harm.

Veuer’s Maria Mercedes Galuppo has the story.