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Spirit Airlines Rejects Frontier Merger Proposal

Hosted on MSN · 2d

Spirit Airlines rejects new merger offer from Frontier, gives them a chance to revise the proposal

Spirit Airlines rejected Frontier Airlines' second attempt to merge the two companies on Wednesday and will continue with its plans to exit bankruptcy. Frontier made an offer in early January for Spirit stakeholders to acquire $400 million in new debt and obtain 19% of Frontier's stock.

The New York Times · 4d

Frontier Airlines Offers to Buy Spirit Airlines, Again

Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.

The Washington Post · 4d

Spirit Airlines rejects new merger offer from Frontier

Rather than accept Frontier’s offer, Spirit said it will stick to its current plan to emerge from Chapter 11 bankruptcy.

2don MSN

Spirit Airlines rejects Frontier’s offer to create a low-cost behemoth—but they’re leaving the door open

Spirit Airlines rejected a $400 million merger proposal from Frontier this week, saying the offer was financially inadequate ...

2d

Ticker: Frontier renews bid for Spirit; Mortgage rates ease

Frontier and Spirit Airlines will once again try to merge, only months after the Biden administration won a key antitrust ...

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