After 4 Rejected Bids, EasyJet Finally Agrees “In Principle” To $7.3 Billion Takeover Deal

European low-cost carrier easyJet has agreed in principle to accept the latest offer from US investment firm Castlelake, after weeks of back-and-forth negotiations. This latest offer has a value of $7.3 billion (£5.2 billion). This comes after the Luton-based airline rejected four previous takeover offers.