Spirit and Frontier modify their initial agreement and expect to “close the transaction soon”

Yesterday, U.S. low-cost carriers Spirit Airlines and Frontier Airlines announced an amendment to the merger agreement they had unveiled on February 5th. The change has already been unanimously approved by the boards of directors of both companies. As reported, the new agreement establishes that Frontier would pay Spirit a reverse termination fee of 250 million … Sigue leyendo Spirit and Frontier modify their initial agreement and expect to “close the transaction soon”