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Carl Icahn said to be near deal for JetBlue board seats, days after disclosing stake in airline
JBLUJetBlue(JBLU) Market Watch·2024-02-16 21:32

Just four days after Carl Icahn disclosed a 9.9% stake in JetBlue Airways Corp. and signaled his intention to have a say in the company’s future, the activist investor is said to be nearing a deal for board seats at the low-cost airline. The Wall Street Journal reported Friday that Icahn and JetBlue are in the late stages of a settlement agreement that would avert a proxy fight. The agreement could be announced in the coming days, the publication said, citing people familiar with the matter. ...