Big Law
Spirit Delays Its Frontier Merger Vote Again
Spirit Airlines is again delaying a shareholder vote set for Friday on its deal to merge with Frontier Airlines, a win for competing suitor JetBlue Airways, which wants to buy Spirit outright.
It is the third time Spirit has postponed the vote, which was originally scheduled for June 10. It was later pushed to June 28, but Spirit had delayed it until July 8 last week, a day before the vote.
Spirit said Thursday it would now hold the vote on July 15 so it could continue deal talks with both airlines.
