Tuesday, October 4, 2022

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JetBlue agrees to buy Spirit for $3.8B after bidding war

NEW YORK (AP) – JetBlue Airways has agreed to buy Spirit Airlines for $3.8 billion and create the nation's fifth-largest airline if the deal...

Frontier Airlines lacks the votes for Spirit merger 

Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, is asking for another delay in a shareholder vote on the...

Merger vote at Spirit could reshape discount airline market

DALLAS (AP) – The prospect of a takeover of Spirit Airlines threatens to upend the cheap-fare end of the industry much like a series...

Spirit Airlines, a bidding war target, postpones buyout vote

Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept one of those buyout...

Investor-advisory firm backs latest Frontier bid for Spirit

NEW YORK (AP) – The decision by Frontier Airlines to sweeten its offer for Spirit Airlines paid dividends Friday when an investor-advisory firm recommended...

Rebuffed twice, JetBlue goes hostile in its bid for Spirit 

JetBlue is going hostile in its bid for Spirit Airlines and asking shareholders of the low-cost carrier to reject a proposed $2.9 billion acquisition...

Spirit still prefers bid from Frontier Airlines over JetBlue 

Spirit Airlines' board still supports Frontier Airlines' $2.9 billion takeover bid for the airline, saying it determined JetBlue's competing $3.6 billion offer isn't a...

Spirit Airlines will talk to JetBlue about takeover bid 

DALLAS (AP) – Spirit Airlines said late Thursday that it will talk to JetBlue Airways about its $3.6 billion bid to combine the two...

Frontier offers $3B for Spirit low-cost airline tie-up

PROVIDENCE (AP) — 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. The...
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