It is virtually at all times extra attention-grabbing — from the surface perspective, anyway — to see a plan disintegrate than it’s to see it come collectively.
That is what we obtained Wednesday when Spirit Airways shareholders declined to approve a multibillion-dollar merger with Frontier Airways. It is fairly uncommon for shareholders to buck the wishes of the executives and administrators, however the groups on the high of the 2 airways have been making an attempt to shut the deal amid escalating hostile takeover bids for Spirit coming from…
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