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1. What price is JetBlue Airways willing to pay for Spirit Airlines? What is it in total (the total Essay

1. What price is JetBlue Airways willing to pay for Spirit Airlines? What is it in total (the total deal value) and what is it per share? Find the market capitalization of JetBlue (list your source, date found, and units ($ million or billion)). Given this market capitalization, would you consider the acquisition of Spirit a sizeable investment?
I will attach a file containing the two articles referenced
2. Another airline, Frontier Group, previously (in February) announced its intention to buy Spirit. Was their offer for Spirit larger or smaller than that of JetBlue? How much was Frontier willing to pay?
3. According to the articles (mainy Article 2), what are the perceived drawbacks/challenges and perceived benefits of Spirit acquisition to JetBlue? Please be brief, please do not copy-paste.
4. Based on what we’ve learned about making investment decisions, what steps/analysis do you think JetBlue had to make to determine that the price they are offering for Spirit is fair?
5. Article 2 mentions that when JetBlue announced its intention to buy Spirit, its stock price fell by 7%. Why do you think this would happen? What can that price drop in JetBlue’s stock price be reflecting?