3rdPartyFeeds News

The Wall Street Journal: Spirit Airlines again delays shareholder vote on sale to Frontier

Spirit Airlines Inc. will again postpone a shareholder vote on a merger with Frontier Group Holdings Inc. as the carrier holds deal talks with Frontier and rival suitor Jetblue Airways Corp., the company said Thursday. Read More...

Spirit Airlines Inc. SAVE, -1.93%  will again postpone a shareholder vote on a merger with Frontier Group Holdings Inc. ULCC, -1.33%  as the carrier holds deal talks with Frontier and rival suitor Jetblue Airways Corp. JBLU, +1.08%, the company said Thursday.

The delay to July 15 is the third time Spirit has put off the shareholder referendum on its planned sale to Frontier, which was first announced in February. The vote had initially been scheduled for June 10, but was pushed back to June 30. That vote was called off last week the evening before the vote—and pushed to July 8.

Read More

Add Comment

Click here to post a comment