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Spirit Airlines Rejects Frontier Merger Proposal

Hosted on MSN · 1d

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.

Fast Company on MSN · 2d

Spirit Airlines snubs Frontier’s new merger offer, opts to exit bankruptcy solo

Frontier Airlines hoped to create a low-cost airline giant, but Spirit isn’t interested—at least, not at this price. Spirit Airlines has rejected a merger offer with Frontier as it prepares to exit bankruptcy.

The Washington Post · 2d

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.

3don MSN

Frontier makes new offer to combine with bankrupt Spirit Airlines — and is rebuffed

After walking away from a deal twice last year, Frontier is now making an offer involving fresh debt and stock.

1don MSN

Spirit Airlines’ future could shape Pittsburgh and Latrobe airports

Frontier Airlines’ second attempt at acquiring rival Spirit Airlines could impact not only one but two western Pennsylvania ...

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