Tag: Spirit Airlines
Spirit Airlines Delays Vote On Merger With Frontier
Spirit Airlines announced Wednesday that it has postponed a Friday meeting in which shareholders were slated to vote on a plan to merge with...
Advisory Firm Urges Spirit Votes Against Frontier Merger
Spirit Airlines’s shareholders should vote against a proposed merger with Frontier Airlines in favor of a competing offer from JetBlue Airways, a prominent shareholder...
Spirit Airlines Asks Shareholders To Reject JetBlue’s Tender Offer
Spirit Airlines’ board on Thursday urged its shareholders to reject JetBlue Airways’ hostile takeover attempt, citing regulatory hurdles and accusing the airline of trying...
Spirit Airlines Rejects JetBlue Offer, Claiming Antitrust Issues
Ultra low cost carrier Spirit Airlines on Monday rejected JetBlue Airways’ $33-per-share takeover offer, saying it had a low likelihood of winning approval from...
JetBlue CEO Is ‘Confident’ Spirit Deal Will Pass Antitrust Reviews
JetBlue Airways’s chief executive officer is confident his company’s proposed purchase of Spirit Airlines will pass muster with US regulators and suggested it may...
Democrats Speak Against Budget Airline Merger
Several congressional Democrats are warning that the proposed combination of Frontier Airlines and Spirit Airlines would reduce competition among low-cost carriers and drive up fares during...
Frontier Bids $3B For Spirit Airlines
Frontier is offering to buy Spirit Airlines in a $2.9 billion cash-and-stock deal that will create the nation's fifth largest carrier, reported Reuters.
The proposal...