Spirit Airlines Rejects Frontier Merger Proposal

Frontier Airlines Offers to Buy Spirit Airlines, Again
Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.
Spirit Airlines rejects Frontier’s new merger bid; Frontier ready to keep talking
Low-cost carrier Spirit Airlines has rejected a second bid to merge with Frontier Airlines, saying the Denver-based airline’s offer was too low. Frontier said in a statement Wednesday that the merger “would provide meaningful value to Spirit financial stakeholders” in excess of Spirit’s restructuring plan.
Spirit Airlines rejects Frontier’s offer to create a low-cost behemoth—but they’re leaving the door open
Spirit Airlines rejected a $400 million merger proposal from Frontier this week, saying the offer was financially inadequate and came too late. Spirit Airlines declined an opportunity to merge with rival low-cost airline Frontier on Wednesday.
Spirit Airlines snubs Frontier’s new merger offer, opts to exit bankruptcy solo
Frontier Airlines hoped to create a low-cost airline giant, but Spirit isn’t interested—at least, not at this price. Spirit Airlines has rejected a merger offer with Frontier as it prepares to exit bankruptcy.
Spirit Airlines Rejects Frontier Merger Proposal: Retail Turns Extremely Bearish
Frontier Group Holdings Inc (ULCC) and Spirit Airlines Inc (SAVEQ) drew retail attention on Thursday after the latter rejected Frontier's new merger offer. Frontier’s proposal involved combining with Spirit in a transaction that provides for the issuance of $400 million principal amount of debt by the firm and 19% of its common equity at the
Spirit Airlines rejects Frontier's bid, expects to exit bankruptcy in first quarter
Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with rival Frontier Group, saying it was not favorable for the low-cost carrier. It received a proposal from Frontier earlier this month,
Frontier Airlines Makes Another Attempt to Acquire Spirit Amid Bankruptcy Proceedings
Frontier Airlines is making another attempt to acquire struggling rival Spirit Airlines. Frontier argued that a merger would be more beneficial for Spirit’s bondholders than the airline’s current standalone bankruptcy plan.
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