Frontier Offers $250 Million Reverse Breakup Fee If Regulators Block Spirit Merger
Frontier Airlines’ parent company said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don’t approve the planned merger.
Reports & sources
Valdosta Daily Times
Frontier, Spirit add $250 million breakup fee to merger deal (opens Valdosta Daily Times)Valdosta Daily Times's feed description
NBC 6 South Florida
Frontier Offers $250 Million Reverse Breakup Fee If Regulators Block Spirit Merger (opens NBC 6 South Florida)NBC 6 South Florida's feed description
WFMZ Allentown
Frontier Airlines and Spirit Airlines Announce Amended Merger Agreement (opens WFMZ Allentown)WFMZ Allentown's feed description
Press of Atlantic City
Frontier adds $250 million reverse breakup fee to Spirit bid in effort to deflect JetBlue (opens Press of Atlantic City)Press of Atlantic City's feed description