The Bidding War for Spirit Airlines Nears Conclusion

The Bidding War for Spirit Airlines Nears Conclusion

Photo: Joe Raedle (Getty Images) In February, Frontier Airlines announced a planned $2.9 billion acquisition of Spirit Airlines. JetBlue Airways revealed its rival $3.6 billion all-cash bid in early April, sparking a bidding war for Spirit between the two carriers that has continued ever since. Either potential merged airline combination would become the fifth-largest in …

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