jetBlue Mergers and Acquisitions Presentation Deck
JetBlue's Superior Proposal Offers Value, Financing, and Closing Certainty
jetBlue
Value certainty: JetBlue to acquire 100% of Spirit for $33 per share in cash, representing
a highly attractive premium¹ for Spirit shareholders
Financing certainty: fully committed financing at signing with no contingency
Leverages strength of existing JetBlue balance sheet
Provides Spirit shareholders immediate liquidity and certain value
O
O
Closing certainty: commitments to close demonstrate high confidence in ability to acquire Spirit
No JetBlue shareholder vote required
Firm conviction in ability to obtain antitrust approvals
O
O
1 Represents 52% premium over Spirit's $21.73 closing price on 4-Feb-2022. and 50% premium over Spirit's $21.99 closing price on 04-Apr-2022.
LO
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