Scientists have analyzed an unusually long blast of high-energy radiation, known as a gamma-ray burst (GRB), and determined that it originated from the collision of two ultradense neutron stars. And, importantly, this result helped the team observe a flash of light emanating from the same event that confirms these mergers are the sites that create […]
Tag: Mergers
Biden Administration’s String Of Blocked And Failed Mergers Destroy Billions In Value As Spirit Airlines Faces Impending Bankruptcy
JetBlue Airways Corp. (NASDAQ:JBLU) agreed to buy Spirit Airlines Inc. (NYSE:SAVE) in July 2022 for $3.8 billion in what was poised to create the fifth-largest airline in the US. Fast forward to today, and Spirit Airlines is valued at under $1 billion and trying to stave off bankruptcy. According to a recent note from investment […]