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Boeing acquiring supplier Spirit AeroSystems for $4.7B

Boeing said Monday it plans to buy Spirit AeroSystems, a supplier it spun off from a subsidiary decades ago, in an all-stock deal for $4.7 billion. Boeing has outsourced some manufacturing processes to Spirit for years, but the move gives the company increased oversight and control over its manufacturing process amid ongoing scrutiny from federal […]

Padres acquiring White Sox pitcher Dylan Cease: reports

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JetBlue blocked from acquiring Spirit Airlines in $3.8B deal

A federal judge on Tuesday blocked JetBlue Airways' $3.8 billion plan to buy ultra-low-cost carrier Spirit Airlines based on an agreement with the Justice Department that the deal would reduce the availability of cheap flights. of ruling The ruling by U.S. District Judge William Young in Boston marks a victory for the Biden administration in […]