Spirit shareholders urged to vote for sweetened Frontier offer

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Spirit shareholders urged to vote for sweetened Frontier offer
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Frontier Group's sweetened offer to buy Spirit Airlines has won over support from the shareholder advisory firm ISS, reversing an earlier decision.

with Frontier on the revised terms is warranted," the proxy advisory firm said in a report published late Friday.

Spirit Airlines on Friday said that Frontier sweetened its offer, raising its cash offer by $2 per share and urged its shareholders to back a merger deal with Frontier at a meeting next week. A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport.A vote by Spirit shareholders on the merger with Frontier is set for June 30.

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ISS urges Spirit shareholders to vote for Frontier offerISS urges Spirit shareholders to vote for Frontier offerProxy advisory firm Institutional Shareholder Services Inc (ISS) has urged shareholders of Spirit Airlines Inc to vote for a proposed merger with Frontier Group Holdings Inc .
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Spirit renews support for Frontier merger after it boosts offerSpirit renews support for Frontier merger after it boosts offerSpirit Airlines Inc said on Friday it has renewed its support for a merger deal after Frontier Group Holdings raised its cash offer by $2 per share to buy its rival ultra-low cost airline, according to a regulatory filing.
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