[Agreement terminated March 2024] B6, NK agree to $3.8 billion merger
#76
FlyerTalk Evangelist
Join Date: Aug 2012
Location: KHOU/KIAH
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Merger just got blocked: https://www.nytimes.com/2024/01/16/b...sultPosition=1
Will be interesting. Not super surprising given some of the stuff that came out in discovery and the increased emphasis on blocking mergers by the Justice Department.
In his 109-page ruling, Judge William G. Young of the U.S. District Court for the District of Massachusetts sided with the Justice Department in determining that the merger would reduce competition in the airline business.
#77
Join Date: Jan 2012
Location: ANC
Programs: AS MVP, Club 49, Global Entry, National Emerald Club, Hilton Silver
Posts: 1,401
Merger just got blocked: https://www.nytimes.com/2024/01/16/b...sultPosition=1
Will be interesting. Not super surprising given some of the stuff that came out in discovery and the increased emphasis on blocking mergers by the Justice Department.
Will be interesting. Not super surprising given some of the stuff that came out in discovery and the increased emphasis on blocking mergers by the Justice Department.
#78
FlyerTalk Evangelist
Join Date: Aug 2012
Location: KHOU/KIAH
Programs: AA EXP | Marriott Bonvoy Titanium| Hyatt Globalist
Posts: 11,256
#79
FlyerTalk Evangelist
Join Date: Feb 2003
Location: Denver, CO, USA
Programs: Sometimes known as [ARG:6 UNDEFINED]
Posts: 26,704
Merger is dead. https://www.news.jetblue.com/latest-...t/default.aspx