Ticker: $15.3M approved for tunnels; Spirit shareholders OK $3.8B sale to JetBlue

State transportation officials on Wednesday approved a $15.3 million contract with SPS New England Inc. for maintenance on four  tunnels that together carry hundreds of thousands of motorists below the city every week.

Those tunnels — the Thomas O’Neill Tunnel, the Ted Williams Tunnel, and the Sumner and Callahan Tunnels — have “a wide variety of areas with deterioration,” Department of Transportation Director of Major Projects Michael O’Dowd told the agency’s board.

“This contract will provide an opportunity for us to continue to maintain and do any of the cracked ceiling, waterproofing leaks — any place that’s showing some sort of health deficiency, decline in the overall conditions, this contract will give us an opportunity to go ahead and make those repairs as needed at locations that are varied throughout the tunnel system,” O’Dowd said.

Most repairs will take place during nighttime hours when traffic is lighter and require temporary lane closures, O’Dowd said.

Spirit shareholders OK $3.8B sale to JetBlue

Spirit Airlines shareholders voted Wednesday to accept a $3.8 billion buyout from JetBlue Airways, but the deal could still face a challenge from federal antitrust regulators.

JetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation’s biggest budget airline.

Spirit announced the outcome after a brief meeting, which was held online. Spirit said only that the JetBlue deal was supported by a majority of shares voted; it promised an exact count within four business days.

from Boston Herald https://ift.tt/A0VUvnW