JetBlue Hikes Offer to Spirit to $34.15 Per Share to Keep Off Frontier
(JetBlue) JetBlue is offering a “ticking fee” to Spirit that would raise the overall offer price to $34.15 per share in a bidding war with Frontier Airlines. Under the “ticking…
JetBlue Submits an Improved $33.50 a Share Offer for Spirit Airlines
(JetBlue) JetBlue Airways has increased the offer for Spirit Airlines to $33.50 per share as it rivals Frontier in potential acquisition of the budget carrier. The new offer price is…
Spirit Airlines Jump 17% as JetBlue Ups Offer, Files “Vote No” Proxy on Frontier
(JetBlue) Shares of Spirit Airlines surged more than 17% in premarket on Monday on the news that JetBlue increased its offer price to $30 per share. JetBlue said it was…
Spirit Airlines Endears Deal with Frontier Compared to JetBlue
(Spirit) Spirit Airlines says JetBlue’s offer does not constitute a “superior proposal,” and will instead consider a merger with Frontier Airlines. Spirit Airlines says that its board, together with outside…