Spirit Airlines Postpones Special Meeting of Stockholders Until June 30

June 8, 2022
Spirit Board will continue discussions with Spirit stockholders, Frontier and JetBlue.
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Spirit Airlines, Inc. announced it has postponed its Special Meeting of Stockholders relating to the proposed merger agreement with Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc., until June 30, at 9 a.m. ET.

The special meeting was postponed to allow the Spirit Board of Directors to continue discussions with Spirit stockholders, Frontier and JetBlue Airways Corporation.

Spirit stockholders do not need to take any action at this time. Spirit remains bound by the terms of the merger agreement with Frontier, and Spirit's board has not determined that either JetBlue's unsolicited tender offer or its updated proposal received on June 6 constitutes a Superior Proposal as defined in the merger agreement with Frontier and has made no change to its recommendation that Spirit stockholders adopt the merger agreement with Frontier.

Barclays and Morgan Stanley & Co. LLC are serving as financial advisors to Spirit, and Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal advisors.