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Frontier offers $3B for Spirit low-cost airline tie-up

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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.

Frontier is offering to buy Spirit Airlines in a $2.9 billion cash-and-stock deal that will create the nation’s fifth largest carrier.


Source: The Tribune-Review

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