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Take-Two Interactive Software (TTWO) and Zynga (ZNGA) announced that the stockholders of each organization have approved all proposals related to Take-Two's combination with Zynga at each company's respective Special Meeting of Stockholders. As a result, the closing of the business combination is expected to occur on May 23, 2022 before market open, subject to the satisfaction of the remaining customary closing conditions. Shares of Zynga will cease trading after the market close on May 20, 2022, and following the closing, Zynga will no longer be listed on the NASDAQ exchange. Under the terms of the merger agreement, upon the closing of the transaction, Zynga will be combined with Take-Two on the terms set forth in the merger agreement and Zynga stockholders will be entitled to receive $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock.

Uber Technologies (UBER) and Grocery Outlet (GO) announced they are teaming up to pilot on-demand and scheduled grocery delivery. Starting today, 72 Grocery Outlet stores across California, Oregon, and Washington are available to shop through Uber and Uber Eats. "We are excited about the long-term potential of our eCommerce initiative at Grocery Outlet and this new partnership with Uber," said RJ Sheedy, President of Grocery Outlet. "We think it's important to make our great-value products available across another platform and to a greater audience, introducing Grocery Outlet to customers who may not have shopped with us before."

Spirit Airlines (SAVE) announced that its board of directors, after consultation with its outside financial and legal advisors, has unanimously determined that the unsolicited tender offer from JetBlue (JBLU) to acquire all outstanding shares of Spirit's common stock for $30 per share in cash is not in the best interests of Spirit and its stockholders. In its analysis, the board determined that the JetBlue transaction faces substantial regulatory hurdles, especially while the Northeast Alliance, or NEA, with American Airlines (AAL) remains in effect, and is, as a result, not reasonably capable of being consummated and is not superior to Spirit's agreed merger transaction with Frontier (ULCC). Accordingly, the Spirit Board unanimously recommends that Spirit stockholders not tender any of their shares into the offer and continues to recommend that stockholders vote for the merger agreement with Frontier. "JetBlue's tender offer has not addressed the core issue of the significant completion risk and insufficient protections for Spirit stockholders," said Mac Gardner, chairman of the board of directors for Spirit Airlines. "Based on our own research and the advice of antitrust and economic experts, our view is that the proposed combination of JetBlue and Spirit lacks any realistic likelihood of obtaining regulatory approval, while our company faces a long and bleak limbo period as we await resolution. In that scenario, a $1.83 per share reverse break-up fee will not come close to adequately compensating Spirit stockholders for the significant business disruption Spirit will face during what JetBlue acknowledges will be a protracted regulatory process. Our pending merger with Frontier is advancing as planned, and we continue to recommend that Spirit stockholders vote for the merger with Frontier on June 10th, as we believe the combination of these two ULCCs is the best way to deliver maximum value to Spirit stockholders."