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  "documentTitle": "Spirit | Mergers and Acquisitions Presentation Deck | 29 slides",
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  "authorName": "Moelis & Company",
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  "presentationDate": "2022-05-01 00:00:00",
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      "kind": "callout",
      "text": "...primarily because JetBlue cannot, or will not, address the issues that create substantial obstacles to regulatory approval",
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      "text": "Offer is illusory: The proposed JetBlue acquisition of Spirit is unlikely to be approved by regulators, who are already suing JetBlue over the anticompetitive Northeast Alliance (“NEA”)",
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      "text": "Offer is illusory: An 18-24 month timeline to closure creates enormous risk to our business – and thus to our shareholders if JetBlue ultimately does not win regulatory approval",
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