Spirit Airlines board renews support for a merger deal with Frontier Group Holdings (ULCC.O). JetBlue Airways said it will “more thoroughly” review the revised terms of Frontier’s proposal. The carriers have been involved in a tussle to create the fifth-largest U.S. airline. Spirit Airlines Inc (SAVE.N) said on Friday it has reestablished its help for … Read more
JetBlue Airways sweetens its takeover offer for Spirit Airlines. The move is the latest salvo in a tussle to create the fifth-largest U.S. airline. JetBlue’s bid represents a 68% premium to Frontier’s cash and stock offer. Spirit rebuffed an initial $33 a share buyout proposal from JetBlue in April. The Justice Department filed an antitrust … Read more
Chris Evans declined Lizzo’s offer to perform on her new album with his piano, as the singer recalled being turned down by the Avengers star. According to the Daily Mail, the 34-year-old singer “literally hit [Chris] up.” “‘Play piano on my album,’ I said, and he just laughed.’ It would have been awesome, but not … Read more
JetBlue Airlines, an American low-cost carrier, announced a hostile takeover proposal for Spirit Airlines on Monday, after the latter had rejected a prior offer in favor of a combination with Frontier. Earlier this month, Spirit reiterated its support for a merger with Frontier Airlines, saying it concluded the $3.6 billion JetBlue offer involved excessive regulatory … Read more
