> After acquisition by JetBlue falls through, Spirit faces second merger bid from Frontier
After acquisition by JetBlue falls through, Spirit faces second merger bid from Frontier
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Description
Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy late last year as budget airlines struggle.
Frontier Group Holdings Inc., the parent company of Frontier Airlines, said Wednesday that the proposed deal would include newly issued Frontier debt and common stock.
Read more: https://www.9news.com/article/news/nation-world/frontier-makes-a-second-bid-for-spirit/507-54a42183-1804-4304-a5a2-62d7f8a313db
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