JetBlue and Spirit said it'd be best if they remain separate companies as they don't believe they'll be able to merge by the time the agreement is up in July.

The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.

"Shoppers will have fewer choices and less competition, and, without a competitive marketplace, they will pay higher prices at the grocery store," Washington state attorney general Bob Ferguson said.

America's two largest supermarket chains have struck a $25 billion deal to combine. Now the FTC is about to decide whether it will block or allow it, and under what conditions.

The new business will focus on growing media rights and sponsorship revenue, and will be lead by Endeavor CEO Ari Emanuel. Vince McMahon, executive chairman at WWE, will serve in the same role.