Stay updated with breaking news from Colorado Based Frontier. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
NEW YORK (AP) — Spirit Airlines, the target of a budget airline bidding war, said Tuesday that its board has been in talks with JetBlue about last week's buyout offer while remaining engaged with Frontier Airlines, with which Spirit has already reached a merger agreement.
Spirit said that its board expects to give shareholders an update before they vote on the Frontier offer at a June 30 special meeting.
Spirit Air engages with JetBlue ahead of shareholder vote | 2022-06-15 00:01:15
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 Airways.
Spirit said Wednesday that it rescheduled the vote on its preferred offer, from Frontier, until June 30.