JetBlue Airlines CEO Robin Hayes sits down with CNBC's Phil LeBeau to discuss the company's enhanced deal for Spirit Airlines amid Spirit's planned merger with Frontier Airlines.
JetBlue Airways Corp said on Monday the airline has submitted an improved proposal to acquire Spirit Airlines Inc.
Spirit Airlines (SAVE) and Frontier decide on a $250-million reverse termination fee in the event of their merger deal failing to get regulatory approvals.
.“The history of a higher cost airline merging with a lower cost company is not great," says Frank Lorenzo, questioning whether regulators would approve JetBlue/Spirit.
Spirit Airlines CEO Ted Christie joins 'Squawk Box' to break down the company's amended merger agreement with Frontier Airlines as Spirit shareholders prepare to vote on the merger agreement between t
Shares of Spirit Airlines Inc. SAVE, +3.99% fell 1.2% in premarket trading Friday, after the air carrier said independent proxy advisor Glass, Lewis & Co. recommended that Spirit shareholders vote for
Proxy advisory firm Glass Lewis on Friday recommended Spirit Airlines investors approve Frontier Group Holdings Inc's $2.9 billion acquisition bid, saying it was the "best available" at this time.
As Frontier and JetBlue wrestle over who'll buy their rival, Spirit shares seem to be sitting pretty.
The battle to snap up Spirit Airlines is heating up. Frontier Group Holdings Inc has agreed to pay a break-up fee of $250 million in a bid to salvage its $2.9 billion acquisition of Spirit Airlines.
Frontier Airlines will pay Spirit Airlines Inc. a $250 million breakup fee if regulators block a merger between the two carriers, under a new agreement by the companies Thursday.
NEW YORK (Reuters) -Frontier Group Holdings Inc has agreed to offer a break-up fee in a bid to secure its $2.9 billion acquisition of Spirit Airlines Inc, people familiar with the matter said on Thurs
Frontier Airlines' parent company said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don't approve the planned merger.
Proposed acquisition of Spirit Airlines by both Frontier and JetBlue will face scrutiny from the Department of Justice. Antitrust expert Glenn Pomerantz thinks that either deal has a good likelihood f
The proxy firm, however, doesn't directly recommend Spirit shareholders to accept JetBlue's sweetened offer.
Today, investors in SAVE stock appear to be cheering news that a proxy firm has suggested voting down Frontier Group's takeout offer. The post Why Is Spirit Airlines (SAVE) Stock Climbing Today?
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