Frontier Airlines said on Wednesday that it offered to buy Spirit Airlines three years after the failure of an earlier proposed deal. Frontegonstatie appreciated its stock and cash offer to more than $ 2.1 billion, much less than the $ 2.9 billion deal that the airlines had announced in early 2022.
Spirit has left the earlier agreement in favor of a counter offer of Jetblue Airways, which was blocked before the court last year by the Ministry of Justice. After a series of setbacks, including not negotiating his fault, Spirit submitted bankruptcy in November.
This is a developing story. Come back for updates.
