FRANKFURT, Germany (AP) -- German airline Lufthansa is paying 300 million dollars for a 19 percent stake in JetBlue.
Germany's biggest airline says it will acquire about 42 million shares from the New York-based JetBlue for $7.27 per share. That is a 16 percent premium to yesterday's closing price for JetBlue.
The deal also provides that the carriers would seek "an operation cooperation."
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.