Wednesday, June 7, 2023
  • Login
CEO North America
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
  • Home
  • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
    • Environment
  • Opinion
  • News
  • Multimedia
No Result
View All Result
CEO North America
No Result
View All Result

Spirit Airlines delays vote on Frontier deal again amid lack of shareholder support

in News
- spirit airlines delays vote on frontier deal again amid lack of shareholder support
Share on LinkedinShare on WhatsApp

Spirit Airlines has delayed a vote on its planned tie-up with Frontier Airlines for a fourth time as concerns rise about a lack of shareholder support.

Spirit said Wednesday it now plans to hold the vote, most recently scheduled for Friday, on July 27 so it can continue deal talks with Frontier and with JetBlue Airways, whose competing bid has thrown the original deal into question.

In the event Spirit breaks its deal, first agreed to in February, and finds JetBlue’s offer superior, Spirit would owe Frontier a breakup fee of more than $94 million.

Spirit previously rebuffed JetBlue’s all-cash takeover offers, even in light of repeatedly sweetened terms, in favor of the original Frontier deal. But it most recently said it is negotiating with both airlines.

JetBlue and Frontier didn’t immediately comment Wednesday.

Either combination of airlines would create the fifth-largest U.S. carrier.

Tags: airline industryFrontier AirlinesJetBlueSpirit Airlines

Related Posts

Videogame retailer gamestop fires ceo
News

Videogame retailer GameStop fires CEO

Cnn’s ceo chris licht steps down
News

CNN’s CEO Chris Licht steps down

Former coinbase manager, brother settle sec insider-trading charges
News

Coinbase threatens to take SEC fight to US Supreme Court

Reddit to cut workforce by 5%
News

Reddit to cut workforce by 5%

- sequoia capital to separate us, china operations
News

Sequoia Capital to separate US, China operations

Apple curtails specs of self-driving car, delays debut
News

Apple shares hit all-time high amid new product launches

Spotify to cut 6% of workforce
News

Spotify to lay off 200 staff

3m to cut 2,500 jobs
Environment

3M settles $10 billion water pollution claims with US cities

How ergonomics impacts health and safety in the workplace
News

US companies’ hiring surpasses all forecasts, but wage growth slows

Elon musk has an active stake in twitter; started buying stock in january
News

Twitter now worth one-third of Elon Musk’s purchase price

No Result
View All Result

Recent Posts

  • Videogame retailer GameStop fires CEO
  • Apple should buy Disney to harness potential of Vision Pro
  • How wildfire smoke affects human health
  • CNN’s CEO Chris Licht steps down
  • US trade gap widens to largest in six months as exports decline

Recent Comments

    Archives

    Categories

    • Art & Culture
    • Business
    • CEO Interviews
    • CEO Life
    • Editor´s Choice
    • Entrepreneur
    • Environment
    • Food
    • Health
    • Highlights
    • Industry
    • Innovation
    • Issues
    • Management & Leadership
    • Multimedia
    • News
    • Opinion
    • PrimeZone
    • Printed Version
    • Travel
    • Uncategorized

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials – stuart.james@ceo-na.com

    Advertising – media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

     

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    • CONTACT
    • GENERAL ENQUIRIES
    • ADVERTISING
    • MEDIA KIT
    • DIRECTORY
    • TERMS AND CONDITIONS

    Editorials –
    stuart.james@ceo-na.com

    Editor-In-Chief –

    caroline.sposto@ceo-na.com

    Editorials – editorials@ceo-na.com

    Advertising –
    media@ceo-na.com

    NEW YORK

    110 Wall St.,
    3rd Floor
    New York, NY.
    10005
    USA
    +1 212 432 5800

    MEXICO CITY

    Paseo de la Reforma 296,
    Floor 38
    Mexico City
    06600
    MEXICO

    CEO North America © 2022 - Sitemap

    No Result
    View All Result
    • Home
    • Business
      • Entrepreneur
      • Industry
      • Innovation
      • Management & Leadership
    • CEO Interviews
    • CEO Life
      • Art & Culture
      • Food
      • Health
      • Travel
      • Environment
    • Opinion
    • News
    • Multimedia

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Warning: array_sum() expects parameter 1 to be array, null given in /home/ceonacom/public_html/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111