Airline Pilot Central Forums - View Single Post

04-08-2022, 05:38 AM

#205

SoarHigh757

Gets Weekends Off

Joined APC: May 2018

Position: CRJ-200 FO

Posts: 134

https://ir.spirit.com/news-releases/...s/default.aspx

“MIRAMAR, Fla., April 7, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today announced that its Board of Directors has determined, after consultation with the Company's outside financial and legal advisors, that the unsolicited proposal received from JetBlue Airways ("JetBlue") (Nasdaq: JBLU) to acquire Spirit in an all-cash transaction for $33.00 per share could reasonably be likely to lead to a "Superior Proposal" as defined in Spirit's merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.

…”