Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.
We remain convinced that the combination of Spirit and Frontier would have created more value than Spirit’s standalone plan,” Frontier said. “That said, we are discipline
Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers focusing on its current reorganization plan
A merger of America's two largest budget airlines appears increasingly unlikely. Spirit Airlines on Thursday rejected Frontier Airlines' latest proposal for a merger, which would have helped bring the Florida-based carrier out of bankruptcy to join forces with its top competitor.
Spirit Airlines declines Frontier's merger offer, favoring its own reorganization plan to maximize stakeholder value. Learn about this pivotal negotiation.
Spirit Airlines updates on restructuring, including rejected proposal from Frontier; aims to finalize plan by 2025 Q1. ULCC shares up 2.26%.
Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances. The offer this week,
Spirit Airlines has again rejected a takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances. The offer this week, like the last bid,
The two airlines have sent proposals and counterproposals during a recent bid from Frontier to take over bankrupt Spirit Airlines.
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process to bolster financial stability. Spirit, an ultra-low-cost airline,
Frontier Airlines chief executive Barry Biffle maintains that his airline's rejected attempts to acquire rival ultra-low-cost carrier Spirit Airlines came down to differences of opinion.
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