"Carl Icahn Secures Two Board Seats in JetBlue Deal"
TL;DR Summary
Billionaire investor Carl Icahn has secured seats on JetBlue Airways' board of directors after acquiring a nearly 10% stake in the airline. The new directors, Jesse Lynn and Steven Miller, are affiliated with Icahn Enterprises. JetBlue's stock rose about 4% in after-hours trading following the announcement. Icahn believes the shares are undervalued, and the airline has been facing financial challenges amid the pandemic and a failed merger attempt with Spirit Airlines.
Topics:business#airline-industry#board-seats#business-aviation#carl-icahn#jetblue-airways#stock-investment
- Carl Icahn wins seats on JetBlue board after taking stake in airline CNBC
- Icahn Strikes Deal for JetBlue Board Seats - WSJ The Wall Street Journal
- JetBlue Agrees to Give Activist Investor Icahn Two Board Seats Bloomberg
- Billionaire Carl Icahn nears deal for 2 JetBlue board seats, days after taking 10% stake: report New York Post
- JetBlue shares spike after Carl Icahn takes 10% stake Fox Business
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