Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers ...
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Spirit Airlines surprising bankruptcy decision turns headsThe offer was a significant drop from the $580 million in take-back debt and 26.5% equity that Frontier reportedly offered ...
Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing and successful completion of the deal.
Spirit Airlines is laying off approximately 200 employees ... drive while the company looks to emerge from bankruptcy. Getty Images Despite these hurdles, Christie expressed confidence that ...
Frontier said in a release that it has met with Spirit’s board and executives since it made its proposal this month.
Frontier is making another attempt to merge with bankrupt Spirit Airlines. Spirit is skeptical, saying Frontier’s offer is less beneficial than its own bankruptcy exit plan. Frontier previously ...
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