easyJet declines $6.3B US bid

British airline company EasyJet rejected a $6.3 billion takeover bid from American investment firm Castle Lake, describing it as opportunistic and harmful to shareholders' interests. The company offered to buy the shares at £6.25 each, representing a 57% premium over the pre-announcement price, and included an option for shareholders to retain part of their holdings. Following the announcement, EasyJet's stock rose by over 5%.

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