JetBlue Airways Corp. and Frontier Airlines jostled for last-minute support among Spirit Airlines Inc. shareholders ahead of their vote this week in what has become a hotly contested airline-merger fight.

Spirit on Tuesday held firm to its plan to be acquired by Frontier Group Holdings Inc., saying JetBlue’s sweetened offer still comes up short and doesn’t address Spirit’s core concern that regulators won’t bless a merger with JetBlue. Spirit’s investors are set to vote on the Frontier deal Thursday.

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Your email address will not be published.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

Putin calls talks with Biden ‘quite constructive’ and discusses cyberattacks

IE 11 is not supported. For an optimal experience visit our site…

U.S. Government Bond Yields Rose After Jobs Report

U.S. government bond yields rose Friday after Labor Department data showed the…

Slow Vaccine Rollout Shifts Some Business Plans

The slow start of the Covid-19 vaccine rollout, along with the arrival…

Why Companies Shouldn’t Give Up on Focus Groups

In the Customer Experience report, we look at the many ways companies…