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Spirit Airlines Shareholders Reject Merger With Frontier

Spirit Airlines Shareholders Reject Merger With Frontier

A monthslong fight over Spirit Airlines appeared to end on Wednesday after the company and Frontier Airlines called off plans to merge, giving life to a rival bid for Spirit by JetBlue Airways.

The announcement came shortly before Spirit was to announce the results of a shareholder vote on Frontier’s acquisition offer. Spirit had repeatedly delayed the vote as it sought to convince shareholders to support the deal and ignore the allure of the more valuable JetBlue offer.

This is a developing story. Check back for updates.

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