Spirit Airlines, the target of a budgetplan airlinecompany bidding war, is holdingoff a Friday vote on whether to accept one of those buyout provides after a flurry of counter propositions from JetBlue and Frontier Airlines
Spirit Airlines, the target of a budgetplan airlinecompany bidding war, is holdingoff a Friday investor vote on whether to accept one of those buyout provides after a flurry of counter propositions from Frontier Airlines and JetBlue Airways.
Spirit stated Wednesday that it rescheduled the vote on its chosen deal, from Frontier, upuntil June 30, offering its board another 3 weeks to speak with Frontier, JetBlue, and its own investors.
The choice to holdoff the vote comes 2 days after JetBlue enhanced its deal. JetBlue stated Wednesday that it invited the hold-up “as a essential veryfirst action towards real settlements inbetween t