Business
JetBlue Agrees to Buy Spirit for $3.8 Billion
Published
4 years agoon
NEW YORK, N.Y. (AP) — JetBlue has agreed to buy Spirit Airlines for $3.8 billion in a deal that would create the nation’s fifth largest airline if approved by U.S. regulators.
The agreement Thursday comes a day after Spirit’s attempt to merge with Frontier Airlines fell apart. Spirit had recommended its shareholders approve a lower offer from Frontier, saying that antitrust regulators are more likely to reject the bid from JetBlue.
“This combination is an exciting opportunity to diversify and expand our network, add jobs and new possibilities for crewmembers, and expand our platform for profitable growth.” JetBlue CEO Robin Hayes said in a statement.
The combined airline, which will be based in New York and led by Hayes, would have a fleet of 458 aircraft. The airlines will continue to operate independently until after the transaction closes.
JetBlue said Thursday that it would pay $33.50 per share in cash for Spirit, including a prepayment of $2.50 per share in cash payable once Spirit stockholders approve the transaction. There’s also a ticking fee of 10 cents per month starting in January 2023 through closing.
If the transaction is completed before December 2023, the deal will be for $33.50 per share, increasing over time to up to $34.15 per share, in the event the transaction closes at the outside date in July 2024.
If the deal doesn’t close due to antitrust reasons, JetBlue will pay Spirit a reverse break-up fee of $70 million and stockholders of Spirit a reverse break-up fee of $400 million less any amounts paid to stockholders of Spirit prior to termination.
News of the JetBlue and Spirit combination comes after weeks of Frontier and JetBlue tussling over who would ultimately get to add the budget airline to its arsenal. While Spirit initially struck a deal with Frontier and had stood by that proposed agreement, its shareholders were not on board. The decision by Spirit and Frontier to terminate their deal was announced Wednesday while Spirit shareholders were still voting on the proposal. It was apparent that despite the support of Spirit’s board, shareholders were prepared to reject the deal and seek a richer one from JetBlue.
JetBlue anticipates $600 million to $700 million in annual savings once the transaction is complete. Annual revenue for the combined company is anticipated to be about $11.9 billion, based on 2019 revenues.
JetBlue and Spirit will continue to operate independently until after the transaction closes. Their respective loyalty programs remain unchanged and customer accounts will not be affected in any way.
The deal still needs the required regulatory approvals and approval from Spirit’s stockholders. The companies expect to conclude the regulatory process and close the transaction no later than the first half of 2024.
Spirit’s stock rose more than 4% before the market open, while shares of JetBlue were up slightly.
Business
ALDI to Launch Seven Ready-Made Meals in October, With Single-Serve Dishes Under $8
Published
9 hours agoon
September 29, 2026The refrigerated lineup includes five single-serve dishes and two family-size meals.
BATAVIA, Ill. (FNN) — ALDI will begin rolling out seven ready-made meals in select stores in early October, with single-serve dishes priced under $8 and family-size options under $15. The grocer expects the full lineup to be available nationwide by January 2027.
The collection includes five single-serve meals: beef Bolognese spaghetti, beef brisket with white mac and cheese, butter chicken and rice, a chicken burrito bowl, and chicken fettuccine Alfredo. The two family-size dishes are chicken and bacon mac and cheese and a meat lovers pizza bake.
“Our shoppers are looking for meals that fit into busy lives,” said Joan Kavanaugh, vice president of national buying for ALDI U.S. She said the company developed the lineup with shoppers’ budgets and demand for convenient meals in mind.
Price and preparation
ALDI said the single-serve meals contain 30 to 46 grams of protein each. The family-size dishes contain 16 to 22 grams per serving. The company announced price limits for the two sizes but did not list a price for each individual meal.
“We tested hundreds of recipes as we developed this collection,” said Terry Jackson, head of food at Kitchen Food Company, ALDI’s supplier for the meals. Jackson said the team focused on flavor and ingredients while developing the dishes.
The meals are refrigerated, not frozen. ALDI says the single-serve dishes can be heated in a microwave, while the family-size meals are prepared in an oven. Shoppers should follow the directions on each package.
2026 Hispanic Chamber Hola at the Park. Uptown Altamonte Springs, Florida at beautiful Cranes Roost Park Saturday, October 3, 2026 (2:00 PM – 6:00 PM) (EDT)
When and where to find them
The meals will be stocked in the refrigerated meals section near the front of ALDI stores. Availability will vary during the rollout, which begins in select markets in early October and expands through the fall. ALDI also plans to offer additional meals through its limited-time ALDI Finds assortment each month over the following year. corporate.aldi.us
Business
Addition Financial, Rosen Preschools Partner to Expand Financial Literacy for Central Florida Children
Published
1 week agoon
September 22, 2026Now in its fourth year, ADDing FUNdamentals introduces children as young as 4 to saving, needs versus wants and other basic money concepts through classroom activities and take-home resources.
ORLANDO, Fla. (FNN) — Addition Financial Credit Union is expanding its ADDing FUNdamentals community impact program through a new partnership with Rosen Preschools, bringing financial literacy education to children as young as 4 while providing resources designed to extend those lessons into their homes.
Now in its fourth year, ADDing FUNdamentals introduces preschool-aged children to basic money-management concepts through interactive, age-appropriate learning experiences.
Developed through a partnership with Junior Achievement of Central Florida and the Early Learning Coalition of Orange County, the program uses Junior Achievement’s JA Ourselves curriculum to teach children foundational concepts including making choices, distinguishing needs from wants and saving money.
Rosen Preschools is participating in the program for the first time, expanding the initiative’s reach to more children and families in Central Florida.
Addition Financial Credit Union, Rosen Preschools and community partners celebrate the expansion of the ADDing FUNdamentals financial literacy program, which introduces preschool-aged children to basic money-management concepts through hands-on learning and imaginative play.
Financial Lessons Extend Beyond the Classroom
As part of the initiative, volunteers from Addition Financial, Junior Achievement and Rosen Hotels & Resorts assembled backpacks filled with educational resources designed to help children follow along with classroom lessons and continue learning at home with their families.
A portion of the backpacks will be distributed to Rosen Tangelo Park Preschool and Rosen Preschool in Parramore.
Addition Financial is also providing playhouses modeled after miniature credit unions, giving students an opportunity to practice basic money-management concepts through imaginative play.
The combination of classroom instruction, hands-on activities and take-home materials is designed to reinforce financial concepts while encouraging families to continue conversations about money outside the classroom.
Rosen CEO: Financial Literacy Is a Critical Life Skill
Frank Santos, president and CEO of Rosen Hotels & Resorts, said his professional background in finance has made financial literacy an issue he strongly supports.
“We are very proud to partner with Addition Financial to bring the ADDing FUNdamentals program to the Rosen Preschools,” Santos said. “Having spent a majority of my career in finance, I am a big advocate for financial literacy.”
Santos called financial literacy a critical life skill and said introducing foundational lessons early, while also sending educational materials home to families, can help prepare children for long-term success.
Addition Financial Focuses on Starting Financial Education Early
Kevin Dougherty, chief operations officer at Addition Financial Credit Union, said the partnership with Rosen expands the program’s ability to introduce financial concepts during children’s formative years.
“We are incredibly grateful to have an organization of Rosen’s caliber become a part of the ADDing FUNdamentals program,” Dougherty said. “The students at Rosen Preschools will now get a jump start on developing key skills many of us take for granted — understanding and managing money.”
Dougherty said the response to the program since its launch demonstrates interest in providing financial education at an early age.
“The positive response and success we’ve seen since launching the program speaks to the need of fostering financial education at an early age,” Dougherty said.

Building Financial Skills Through Community Partnerships
The collaboration brings together a credit union, hospitality organization and education-focused community partners around a shared effort to introduce financial concepts to children early in life.
Rather than limiting the experience to classroom instruction, ADDing FUNdamentals combines curriculum, interactive play and educational materials that children can take home and share with their families.
The addition of Rosen Preschools in the program’s fourth year further expands its presence in Central Florida and brings the financial literacy initiative into the Tangelo Park and Parramore communities.
Through lessons on saving, choices and needs versus wants, participating children receive an early introduction to concepts they will encounter throughout their lives.
Business
FNN News Expands National Event Coverage With Los Angeles, Atlanta and Las Vegas Plans
Published
1 week agoon
September 22, 2026Florida National News invites businesses and brands to explore partnership opportunities as FNN Sports Zone prepares special programming and on-location coverage
ORLANDO, Fla. (FNN) — Florida National News is expanding its national news and sports presence with plans for special event coverage from Los Angeles in 2027, Atlanta in 2028 and Las Vegas in 2029, creating new opportunities for businesses and organizations to connect with FNN audiences across multiple platforms.
The multiyear initiative will focus on coverage surrounding one of the biggest weeks in American sports, with FNN journalists and content teams covering stories beyond the field, including sports, entertainment, travel and tourism, business, culture and community impact.
The expansion is part of FNN’s broader strategy to grow from its Florida-based reporting operation into a digital news network with an increased presence at major events and media markets across the country.
FNN Sports Zone Goes National
A major component of the initiative will be the FNN Sports Zone Podcast Show Live, featuring special programming, interviews, analysis, digital content and planned on-location coverage.
FNN Sports Zone’s national event programming is designed to provide audiences with coverage throughout major sports weeks, including conversations with athletes, sports personalities, business leaders, community representatives and other newsmakers when available.
The programming will be distributed across FNN’s digital and social media platforms as the network continues expanding its sports audience and original video content.
Opportunities for Businesses and Brands
Florida National News is also inviting businesses, brands, organizations and community partners to explore opportunities to support FNN’s independent national news and sports coverage.
Potential opportunities include FNN program sponsorships, brand partnerships, digital and social media campaigns, content collaborations, community partnerships and authorized on-site activations.
The initiative is centered on a simple message:
“Your Brand. Three Cities. One National Platform.”
Rather than limiting coverage to what happens on the field, FNN plans to highlight the economic and cultural activity surrounding major sports events — from hospitality and tourism to entertainment, local businesses and community stories.
Three Major Markets
The national coverage initiative is scheduled to spotlight Los Angeles in 2027, Atlanta in 2028 and Las Vegas in 2029.
Each market provides FNN with opportunities to produce original reporting and programming while developing relationships with businesses, tourism organizations, community leaders, sports professionals and other potential news sources.
The initiative also supports FNN’s long-term expansion of its national reporting footprint while maintaining its Florida news operations.
Partner With FNN News
Businesses and organizations interested in learning more about FNN News national coverage and partnership opportunities can contact:
Social@FloridaNationalNews.com
FloridaNationalNews.com | FNNNews.com
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Florida National News/FNN News is an independent news organization. FNN is not affiliated with, endorsed by or sponsored by the National Football League, its member clubs or event venues. On-site activities and coverage are subject to applicable credentials, permissions and venue or event requirements.