Spirit and Frontier reignite merger talks! After the Biden administration blocked Spirit's merger with JetBlue, the ultra-low-cost carriers are circling each other again. Post-pandemic travel changes and competitive basic economy fares have squeezed Spirit, forcing route cuts and sparking bankruptcy fears. Will this merger be Spirit's lifeline?
Visa and Mastercard have agreed to pay a whopping $197 million to settle a class action lawsuit that alleged they violated federal antitrust laws by adopting restraints that allegedly inflated ATM surcharges. This settlement is a significant victory for consumers who were being overcharged for using ATMs, and it sends a clear message to banks that such practices will not be tolerated. While it's currently not possible to file a claim, we encourage you to stay tuned for updates on how to do so once the process becomes available.
In the meantime, let's celebrate this important step towards protecting consumer rights and ensuring fair pricing for ATM transactions.
Exciting News: Hilton Grand's $1.5B Acquisition of Bluegreen Vacations Sparks Anticipation!
Hold onto your hats, folks! Hilton Grand is set to acquire Bluegreen Vacations in a groundbreaking $1.5 billion deal, igniting waves of excitement across the industry. With the deal slated to close in the first half of 2024, shareholders of Bluegreen Vacations will receive a jaw-dropping $75 per share. This epic acquisition is poised to reshape the vacation industry, promising unparalleled opportunities for both companies. Brace yourselves for an extraordinary future as these industry giants join forces and unlock a world of possibilities for travelers everywhere. Stay tuned for more updates on this exhilarating venture!