Spirit Airlines has postponed its shareholder vote scheduled for Friday to consider its tentative agreement to merge with Frontier Airlines. CNBC's Phil LeBeau joins 'Squawk Box' with the details.
The special meeting has been moved to June 30 so Spirit's board can continue talks with Frontier and JetBlue.
Spirit Airlines is postponing its Friday shareholder meeting until June 30 so it can continue talks with stockholders, Frontier Airlines and JetBlue Airways.
Spirit Airlines Inc said on Wednesday it has postponed to June 30 a shareholder meeting to vote on the proposed merger agreement with Frontier Group Holdings Inc.
Spirit Airlines Inc. SAVE, +2.12% said Wednesdy it is postponing the special shareholder meeting relating to its proposed merger with Frontier Airlines Inc. ULCC, +1.76% to June 30 at 9 a.m. Eastern.

JetBlue (JBLU) Ups Break-Up Fee in Bid for Spirit Airlines

03:03pm, Tuesday, 07'th Jun 2022 Zacks Investment Research
In an enhanced bid for Spirit Airlines, JetBlue (JBLU) not only raises its break-up fee but also promises to prepay part of the termination fee soon after the former's shareholders approve the deal.

Company News for Jun 7, 2022

01:36pm, Tuesday, 07'th Jun 2022 Zacks Investment Research
Companies in The News Are: SIAC,LLY,SEDG,SAVE,JBLU

Spirit Airlines: Why I Voted for the Frontier Merger

12:21pm, Tuesday, 07'th Jun 2022 The Motley Fool
Frontier Airlines and JetBlue Airways are competing to buy Spirit Airlines, but the "higher" offer might not be the best one.
Frontier Airlines and JetBlue Airways are competing to buy Spirit Airlines, but the "higher" offer might not be the best one.
The offer now includes a $350 million breakup fee, $150 million more than the breakup fee JetBlue originally proposed.
Shares of SAVE stock closed higher by 7% after JetBlue raised its reverse break-up fee to $350 million from $200 million. The post SAVE Stock Gets Air as JetBlue Ups Bid for Spirit Airlines (Again) ap

Why Spirit Airlines Shares Are Taking Off Today

03:14pm, Monday, 06'th Jun 2022 The Motley Fool
JetBlue is upping the ante in its battle to acquire the discount airline.

Wall Street Awaits Inflation Data

03:00pm, Monday, 06'th Jun 2022 Zacks Investment Research
Wall Street Awaits Inflation Data
JetBlue on Monday improved its offer for smaller rival Spirit Airlines in an attempt to outstrip competition in the race to buy the low-cost carrier.

Business Offers & Other Developments Ahead of the Bell

02:34pm, Monday, 06'th Jun 2022 Zacks Investment Research
Pre-market futures are buoyant, though it's unclear whether these news items are at all responsible.
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