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FRONTIER AIRLINES LACKS THE VOTES FOR SPIRIT MERGER

AppleMagazine

July 15, 2022

Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, is asking for another delay in a shareholder vote on the deal.

FRONTIER AIRLINES LACKS THE VOTES FOR SPIRIT MERGER

Frontier CEO Barry Biffle said in a letter made public this week that his airline is “very far” from winning approval by Spirit shareholders, who are weighing a richer buyout offer from JetBlue Airways.

A shareholder vote at Spirit, already postponed three times.

यह कहानी AppleMagazine के July 15, 2022 संस्करण से ली गई है।

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