Merge Signed Termination with airSlate SignNow

Merge signed termination

a very warm welcome must go out to jaden cooper a new member to the channel thank you so much for supporting dj's aviation through the channel membership something i've been trying to do more of is bring a breaking news coverage back to the channel which you've wanted to see more of so with that being said in recent hours spirit announced a pretty landmark decision noting that they had terminated the merger agreement put in place with the frontier group a parent company and just generally speaking of frontier airlines it is an announcement that means jetblue will now lead the race and way and therefore will be on the verge of scoring a fantastic deal for the acquisition of spirit airlines a decision that a couple of months ago seemed near impossible however it would appear that the airline has been chosen as the preferred bidder through continued persistence and obviously lengthy discussions regarding the future and just what is best for spirit a proposed merger though with frontier dates back to early this year february in fact when both frontier and spirit announced the intention to merge it would have helped to create the fifth largest airline in the united states should it have gone through and it would increase the overall market share through consolidation of the pair consolidation is a very prevalent method in the industry in recent years even over in europe as to what we've been witnessing in a statement though the president and ceo of spirit said while we are disappointed that we have to terminate our proposed merger with frontier we are proud of the dedicated work of our team members on the transaction over the past many months moving forward the spirit board of directors will continue our ongoing discussions with jetblue as we pursue the best path forward for spirit and our stock holders while the deal needs to be struck up by the airlines what also needs to come is the very necessary approval from the regulatory body something that one could argue seems a little bit trickier approval from the governing body regarding jetblue and spirit has already been heavily discussed and debated and you could say that many have their suspicions that it might be a bit of a struggle especially considering the difficulties with the northeastern alliance of course the involvement that being of jetblue and american airlines in the new york city and boston area either way though following the termination agreement it leaves jetblue open and waiting in their hopes to secure a deal persistence is vital and it seems in this case it's worked out in the favor of jetblue of course though there are still many hurdles to overcome and maneuver i guess you could say they're on the right track managing to knock out their only real source of competition for the deal with spirit to daniel alwaleed eric the flesh cuban neil don stefan and now jaden cooper...