Rebuffed by Spirit, JetBlue goes hostile in takeover bid
May 16, 2022 GMTJetBlue launched a hostile takeover bid for Spirit Airlines on Monday and asked shareholders of the low-cost carrier to reject a proposed acquisition by Frontier Airlines.
JetBlue hopes that its move will push Spirit's board to the negotiating table after the board rejected an earlier offer.
Spirit CEO says JetBlue wants to stop Spirit-Frontier merger
May 5, 2022 GMTThe CEO of Spirit Airlines suggested Thursday that JetBlue Airways is more interested in blocking a merger of Spirit and Frontier Airlines than it is in buying Spirit.
Ted Christie provided more details on why Spirit's board rebuffed a $3.6 billion buyout offer from JetBlue in favor of a lower bid from Frontier.
Spirit still prefers bid from Frontier Airlines over JetBlue
May 2, 2022 GMTSpirit Airlines said Monday that it still supports Frontier Airlines' $2.9 billion takeover bid for the airline, saying it was more likely to win regulatory approval than JetBlue's competing $3.6 billion offer.
News publisher Lee faces renewed pressure from hedge funds
April 14, 2022 GMTOMAHA, Neb. (AP) — Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its transition to digital publishing and consider adding new digital-savvy leaders to its board after successfully fighting off a hostile takeover from a different hedge fund.
Judge backs Lee Enterprises rejection of hedge fund nominees
February 15, 2022 GMTOMAHA, Neb. (AP) — Lee Enterprises' effort to repel a hostile takeover got a boost this week when a judge ruled the newspaper publisher could ignore two board nominations from the hedge fund Alden Global Capital.
Lee Enterprises asks investors to help fight off hedge fund
January 24, 2022 GMTOMAHA, Neb. (AP) — Newspaper publisher Lee Enterprises is asking its shareholders to help it fight off a hostile takeover offer from “vulture hedge fund” Alden Global Capital.
Lee Enterprises tries to ward off hostile takeover by Alden
November 28, 2021 GMTDAVENPORT, Iowa (AP) — The Lee Enterprises newspaper chain has adopted a “poison-pill” plan to protect itself from a hostile takeover while the company's board considers an unsolicited offer from hedge fund Alden Global Capital.
Polish civic groups oppose ‘takeover’ of human rights office
April 16, 2021 GMTWARSAW, Poland (AP) — More than 120 Polish organizations have voiced opposition to what they call “the hostile takeover” of the office of the country's human rights commissioner...
Lawmakers debate bill to rout out radical Islam in France
February 1, 2021 GMTPARIS (AP) — French lawmakers debated a bill on Monday they hope will uproot radical Islam in the country, beliefs that authorities maintain are creeping into public services, associations, some schools and online with the goal of undermining national values...
Trump blocks Broadcom takeover bid for Qualcomm
March 13, 2018 GMTWASHINGTON (AP) — President Donald Trump blocked Singapore chipmaker Broadcom from pursuing a hostile takeover of U...
Health law sign-ups start, and some see a ‘hostile takeover’
October 30, 2017 GMTWASHINGTON (AP) — It's sign-up season for the Affordable Care Act, but the Trump administration isn't making it easy — cutting the enrollment period in half, slashing advertising and dialing back on counselors who help consumers get through the process...