JetBlue Announces Record And Payment Dates For June 2023 Additional Prepayment To Spirit Stockholders Of $0.10 per Spirit share
Portfolio Pulse from Benzinga Newsdesk
JetBlue has set June 26, 2023, as the record date for the June 2023 prepayment to Spirit stockholders of $0.10 per Spirit share, with payment to occur on June 30, 2023, as part of the Merger Agreement between JetBlue, Sundown Acquisition Corp., and Spirit Airlines.
June 16, 2023 | 1:03 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
JetBlue sets record and payment dates for June 2023 prepayment to Spirit stockholders as part of the Merger Agreement.
The announcement of the record and payment dates for the June 2023 prepayment to Spirit stockholders is part of the ongoing Merger Agreement process. This news is relevant to JetBlue investors, but its short-term impact on the stock price is neutral as it is an expected part of the merger process.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
Spirit stockholders to receive June 2023 prepayment of $0.10 per share as part of the Merger Agreement with JetBlue.
The announcement of the June 2023 prepayment to Spirit stockholders is part of the Merger Agreement with JetBlue. This news is relevant to Spirit investors, but its short-term impact on the stock price is neutral as it is an expected part of the merger process.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100