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Spirit Airlines Sticks With Frontier Deal After Sweetened Offer

Frontier Airlines sweetened its provide to purchase Spirit Airlines Inc., providing additional money and the next breakup payment within the occasion regulators block the deliberate merger, because it tries to fend off a competing bid for Spirit.

Spirit mentioned Friday that its board decided that Frontier’s new provide is superior to an all-cash provide from JetBlue Airways Corp., setting the stage for a shareholder vote that has been set for June 30.

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