Spirit delays shareholder vote on merger deal

Thursday, 30. June 2022 04:59

Spirit Airlines Inc. delayed the vote on a merger proposed by Frontier Group Holdings Inc, that was scheduled for June 30.

The company noted it needs more time to further consider the buyout offer by JetBlue Airways Corp. after the two airlines upped their bids in the week leading up to the vote.

Shares of Spirit added 1.92% to $22.84 in after-hours trade on Thursday.

Related Links: JetBlue Airways Corp.Spirit Airlines Inc.
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