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Spirit rejects JetBlue s bid, still prefers Frontier Airlines

Spirit said antitrust regulators are unlikely to approve JetBlue's offer because of JetBlue's alliance with American Airlines in the Northeast.

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Spirit Airlines prefers takeover bid from Frontier over JetBlue

The development was a reversal from last month, when Spirit was said to have favoured JetBlue’s offer.

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Spirit prefers Frontier bid over JetBlue

Spirit Airlines said Monday that it still supports Frontier Airlines' $2.9 billion takeover bid for the airline, saying it was more likely to win regulatory approval than JetBlue's competing $3.6 billion offer.

New yorkUnited statesMac gardnerBarry biffleTed christieRobin hayesSpirit airlinesAmerican airlinesFrontier airlineJustice departmentNortheast allianceFort lauderdaleSpirit chairman mac gardner

Spirit Airlines rejects JetBlue buyout bid, favors Frontier Airlines

Spirit Airlines' board still supports Frontier Airlines' $2.9 billion takeover bid for the airline, saying it determined JetBlue's competing $3.6 billion offer isn't a superior proposal.

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Spirit still prefers bid from Frontier Airlines over JetBlue

Spirit Airlines’ board still supports Frontier Airlines’ $2.9 billion takeover bid for the airline, saying it determined JetBlue’s competing $3.6 billion offer isn’t a superior proposal

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