More Roadblocks for Frontier
In late June, Frontier Airlines’ CEO Barry Biffle was upbeat about the chances of his airline merging with Spirit Airlines. Now, after Spirit delayed its shareholder vote a third time to allow more time to deliberate between offers from Frontier and JetBlue, Biffle is beginning to worry.
Biffle wrote to Spirit’s CEO Ted Christie and Thomas Canfield, general counsel and secretary, to inform them that Frontier was “very far from obtaining approval from Spirit stockholders based on the proxy data” it received last week. Moreover, Biffle asked that Spirit push its vote back to July 27 to give Frontier more time to build its case to Spirit shareholders.
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The FLYING Editorial Team
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More Roadblocks for Frontier
More Roadblocks for Frontier
More Roadblocks for Frontier
More Roadblocks for Frontier
More Roadblocks for Frontier
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