© Reuters. FILE PHOTO: A logo of low cost carrier Spirit Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis Duvignau
(Reuters) – Spirit Airlines (NYSE:) Inc said on Thursday its board had urged shareholders to reject the unsolicited buyout offer from JetBlue Airways (NASDAQ:) Corp.
The offer was not in the best interest of the low-cost carrier and its stockholders, Spirit said.
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