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Spirit Airlines Rejects Frontier Merger Proposal
Spirit Airlines rejects new merger offer from Frontier, gives them a chance to revise the proposal
Spirit Airlines rejected Frontier Airlines' second attempt to merge the two companies on Wednesday and will continue with its plans to exit bankruptcy. Frontier made an offer in early January for Spirit stakeholders to acquire $400 million in new debt and obtain 19% of Frontier's stock.
Spirit Airlines rejects Frontier’s offer to create a low-cost behemoth—but they’re leaving the door open
Spirit Airlines rejected a $400 million merger proposal from Frontier this week, saying the offer was financially inadequate and came too late. Spirit Airlines declined an opportunity to merge with rival low-cost airline Frontier on Wednesday.
Frontier Airlines Offers to Buy Spirit Airlines, Again
Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.
2h
Frontier's Spirit Bid Makes Sense, But Shares Aren't A Buy
Frontier Group has made another bid for Spirit Airlines. Read how the merger would seek to create a stronger competitor with better scale but why I am not buying.
13h
Ticker: Frontier renews bid for Spirit; Mortgage rates ease
Frontier and Spirit Airlines will once again try to merge, only months after the Biden administration won a key antitrust ...
14h
on MSN
Frontier Airlines Temporarily Issued Ground Stop Amid IT Issues
The Federal Aviation Administration announced that Frontier Airlines implemented a ground stop for all destinations, but ...
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