Why would Frontier let them out of the agreement with no financial penalty?

I think they are backed into a corner and it’s either superior or a vote and the resulting risks that entails. If the Frontier is voted down there is no superior debate and it comes down to formulating a new plan on how staying independent is more valuable than JetBlue cash money which seems like a difficult argument to facilitate.

I would think after the debacle last week that the biggest shareholders have made their mandate clear.