Topic - Frontier Group Holdings Inc.

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A line of Spirit Airlines jets sit on the tarmac at the Orlando International Airport on May 20, 2020, in Orlando, Fla. Spirit Airlines' board is telling its shareholders to reject JetBlue's offer, saying it's not in the best interests of the company or its stockholders. Spirit said Thursday, May 19, 2022, that its board found that a potential deal with JetBlue faces substantial regulatory hurdles, especially while the Northeast Alliance with American Airlines remains in effect. (AP Photo/Chris O'Meara, File)

Spirit tells shareholders to reject hostile bid from JetBlue

By Michelle Chapman - Associated Press

A Frontier Airlines jetliner taxis to a runway to take off from Denver International Airport Thursday, April 23, 2020, in Denver. Frontier Airlines' parent company is buying Spirit Airlines in a $2.9 billion cash-and-stock deal that will allow the combined airline to be more competitive against its larger rivals. (AP Photo/David Zalubowski, File)

Frontier bids $3B for Spirit hoping for major budget carrier

By Michelle Chapman - Associated Press