Up next
Author

Nearly a decade ago, William Franke, then the chairman of Spirit Airlines Inc., proposed that Spirit join his investment firm in a deal to buy Frontier Airlines .

On Monday, Frontier—where Mr. Franke is now chairman—announced a $2.9 billion deal to buy Spirit.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

South Korea health alert raised to ‘severe’ over doctors walkout

Public hospitals will extend operating hours and will also open on weekends…

Not Ready for Full EV? Some Car Makers Double-Down on Hybrids

Demand for hybrid vehicles is hot, reinforcing the view from Toyota Motor…

Intel, Brookfield Sign Deal to Finance Chip Factories

Intel has struck an unusual $30 billion funding partnership with Brookfield Asset…

Facebook and Twitter Take Steps to Limit Calls for Violence

Facebook and Twitter are taking steps to remove posts or limit sharing…