JetBlue, Frontier Fight for Spirit Shareholders Ahead of Vote

JetBlue Airways and Frontier Airlines jostled for last-minute help amongst Spirit Airlines shareholders forward of their vote this week in what has change into a hotly contested airline-merger combat.

Spirit on Tuesday held firm to its plan to be acquired by Frontier Group Holdings Inc., saying JetBlue sweetened supply nonetheless comes up brief and doesn’t deal with Spirit’s core concern that regulators gained’t bless a merger with JetBlue. Spirit’s buyers are set to vote on the Frontier deal Thursday.