Vote on Spirit, Frontier merger is postponed, again

Spirit Airlines is again postponing a shareholder vote on its proposed merger deal with Frontier Airlines, after Frontier’s CEO said in a letter that his airline is “very far” from winning approval by Spirit shareholders.

Frontier had asked for another delay on the vote on Monday. The vote was scheduled to take place on Friday.

Spirit said the vote is now scheduled for July 27.

Spirit said Wednesday that it’s still committed to the Frontier deal and strongly recommends that its shareholders vote for the transaction.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *