MOSCOW (AP) — Voters in the Central Asian nation of Kazakhstan have given overwhelming approval to proposed constitutional changes widely seen as an attempt to repudiate the legacy of former strongman Nursultan Nazarbayev, who led the ex-Soviet republic for three decades. Kazakhstan’s Central Election Commission said Monday that 77% of voters supported the constitutional amendments…
The bidding war over Spirit Airlines is ramping up again with JetBlue boosting its offer for the discount carrier just days after rival Frontier upped its own bid for Spirit. Spirit shareholders are also scheduled to vote Friday on Frontier’s offer. JetBlue said Monday that it will now provide a $350 million reverse break-up payable…
(Reuters) -JetBlue Airways Corp on Monday improved its offer for smaller rival Spirit Airlines Inc in an attempt to outstrip competition in the race to buy the low-cost carrier. Shares of Spirit jumped 6.2% to $22 premarket. Under JetBlue’s new terms, Spirit shareholders will get $31.50 per share in cash, comprising $30 at deal close…
(Reuters) – Anaplan Inc said on Monday private-equity firm Thoma Bravo had lowered its takeover offer for the software maker to $9.60 billion from $10.7 billion. Anaplan’s shares, which have risen nearly 44% this year, were down about 4% in premarket trading. The company’s shareholders will now receive $63.75 per share, compared with the previous…
(Reuters) -JetBlue Airways Corp on Monday improved its offer to buy smaller rival Spirit Airlines Inc, as the battle for the low-cost carrier intensifies. Under the improved proposal, JetBlue offers Spirit’s shareholders $31.50 per share in cash, which is comprised of $30 per share at deal close and the prepayment of $1.50 per share of…
(Reuters) – JetBlue Airways Corp said on Monday the airline has submitted an improved proposal to acquire Spirit Airlines Inc. The proposal offers Spirit’s stockholders superior value and prepayment of $1.50 per share of the cash consideration, JetBlue said. (Reporting by Aishwarya Nair in Bengaluru)
DUBLIN (Reuters) – Ryanair is requiring South African passengers to prove their nationality before travelling by completing a test in Afrikaans, a language used by just by 12% of the population that has long been identified with apartheid and the white minority. Europe’s largest airline by passenger numbers, which does not operate flights to and…
KYIV, Ukraine (AP) — Russia has begun turning over the bodies of Ukrainian fighters killed at the Azovstal steelworks, the fortress-like plant in the destroyed city of Mariupol where their last-ditch stand became a symbol of resistance against Moscow’s invasion. Dozens of the dead taken from the bombed-out mill’s now Russian-occupied ruins have been transferred…
By Byron Kaye SYDNEY (Reuters) -An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to remove a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory” videos drove him out of politics. The Federal Court found the Alphabet Inc company intentionally made money by hosting two videos on its…
(Reuters) – Chinese regulators are concluding their probes into Didi Global Inc, preparing to allow the ride-hailing company’s mobile app back on domestic app stores as early as this week, the Wall Street Journal reported on Monday. Didi’s U.S. shares rose 46% in pre-market trade. Last year, the Cyberspace Administration of China (CAC) ordered app…
