Spirit Airlines rejects 3rd Frontier bid
WPXI · 23h
Spirit Airlines rejects third Frontier bid
Frontier offered for a third time to take over struggling competitor Spirit Airlines, but the budget airline said no deal. Spirit will continue on its own plans to get out of bankruptcy and firm up its finances. Frontier had offered Spirit shareholders $400 million in debt and a 19% stake in its parent company, The Associated Press reported.
A third acquisition offer from Frontier Airlines has been rejected by Spirit Airlines after an unsuccessful counter, ...
While the strong brand and loyal customer base make a full closure unlikely, the pool of investors who will be able to pull ...
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