JetBlue Airways Corp (JBLU)

[mick]

With two days left before a shareholder vote, the battle for Spirit Airlines has intensified after the low-cost carrier reaffirmed its commitment to merge with Frontier Group Holdings despite JetBlue Airways raising its offer. JetBlue (JBLU) gained 1.1%, while Frontier’s (ULCC) stock was 2.9% higher. On Monday, JetBlue, which is based in New York, increased to $400 million from $350 million the amount it would pay Spirit if antitrust regulators don’t approve the deal.