Spirit Airlines, a bidding war target, postpones buyout vote

A LINE OF Spirit Airlines jets sit on the tarmac at the Orlando International Airport on May 20, 2020, in Orlando, Fla. Shareholders of Spirit Airlines will vote Thursday, on a proposed merger with Frontier Airlines, and the outcome could affect fares for millions of air travelers who depend on the budget airlines. / CHRIS O'MEARA / ASSOCIATED PRESS FILE PHOTO
Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept one of those buyout offers after a flurry of counter proposals from Frontier Airlines and JetBlue. The decision Wednesday to postpone a vote comes two days after JetBlue improved its offer. The Miramar, Fla., carrier…

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