SAVE - Dividend announcements

Leading independent proxy advisory firm ISS issues report noting clients may find JetBlue offer "Preferable" to Frontier offer Given short timeframe before special shareholder meeting, ISS cannot change official recommendation but instructs clients on how to change their votes Major Spirit shareholder TIG Advisors publicly declares intention to vote AGAINST Frontier merger and sends letter to Spirit Board JetBlue (NASDAQ:JBLU) today welcomed the recent public support in favor of its clearly superior offer to acquire Spirit (NYSE:SAVE). Institutional Shareholder Services ("ISS"), a leading independent proxy advisory firm, issued late yesterday an updated report now acknowledging that cl

To provide additional certainty following shareholder feedback, JetBlue adds ticking fee; increases reverse breakup fee to $400 million and accelerated prepayment to $2.50 per share JetBlue urges Spirit shareholders not to be misled by Spirit Board; shareholders can protect their ability to receive JetBlue's offer by voting ‘No' at the upcoming Spirit special meeting JetBlue (NASDAQ:JBLU) today announced that it is modifying its proposal to acquire Spirit (NYSE:SAVE) based on discussions with Spirit shareholders, and issued an open letter detailing the benefits of its decisively superior proposal and the recent misleading statements made by Spirit. JetBlue is communicating the modified pr

Following Thorough Process Focused on Value and Certainty, Spirit Board of Directors Reiterates Recommendation that Spirit Stockholders Adopt Merger Agreement with Frontier Spirit Engaged in Extensive Discussions with JetBlue; Spirit Board of Directors Determined JetBlue's Offer is Not a Superior Proposal Special Meeting of Spirit Stockholders Scheduled for June 30, 2022 at 9am ET Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today announced the signing of a second amendment (the "Amended Agreement") to its previously announced merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ:ULCC), parent company of Frontier Airlines, Inc., dated February 5, 2022.

JetBlue's improved proposal offers Spirit's stockholders demonstrably superior value, greater certainty, and prepayment of $1.50 per share of the cash consideration JetBlue issues letter to Spirit Board urging them to negotiate in good faith to provide Spirit stockholders with the most attractive value creating opportunity available to them JetBlue (NASDAQ:JBLU) today announced that it has submitted an improved proposal to the Board of Directors of Spirit (NYSE:SAVE) to acquire all of the outstanding common stock of Spirit. JetBlue's proposal is a further update to its previous proposals, and offers Spirit stockholders demonstrably superior value, more regulatory protections, and the pre