Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.
We remain convinced that the combination of Spirit and Frontier would have created more value than Spirit’s standalone plan,” Frontier said. “That said, we are discipline
Frontier Airlines is adding a flight to Las Vegas with fares starting as low as $19 for a limited time. Here's when to fly and how to shop the sale.
Spirit Airlines rejects Frontier's merger proposal, continues standalone recapitalization plan. Spirit aims to complete restructuring by first quarter 2025. Nearly all creditors approved Spirit's plan,
Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers focusing on its current reorganization plan
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private company.
A merger of America's two largest budget airlines appears increasingly unlikely. Spirit Airlines on Thursday rejected Frontier Airlines' latest proposal for a merger, which would have helped bring the Florida-based carrier out of bankruptcy to join forces with its top competitor.
After filing for bankruptcy protection and going back and forth with Frontier Airlines — again — over a potential acquisition, Spirit Airlines has a new plan.
Spirit contended that Frontier's latest proposal would deliver less in value to the company's stakeholders than its existing reorganization plan.
Spirit Airlines updates on restructuring, including rejected proposal from Frontier; aims to finalize plan by 2025 Q1. ULCC shares up 2.26%.
The two airlines have sent proposals and counterproposals during a recent bid from Frontier to take over bankrupt Spirit Airlines.
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process to bolster financial stability.  Spirit, an ultra-low-cost airline,