Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down
Spirit Airlines shares plunged Wednesday on a report that the budget carrier is getting ready to file for bankruptcy protection after revived merger talks with Frontier Airlines parent Frontier Group Holdings collapsed.
Spirit Airlines preparing for possible bankruptcy amid failed merger, financial woes: Report
(WJET/WFXP) — Spirit Airlines is reportedly in advanced talks over a possible bankruptcy filing following a failed merger and continued financial struggles, The Wall Street Journal reported Tuesday evening. Spirit had been exploring a merger with ...
Spirit Airlines Moves Toward Bankruptcy Filing After Frontier Drops Merger Bid
The budget carrier is in advanced discussions with bondholders over a filing that could occur within weeks.
MORING BUSINESS REPORT: Spirit Airlines possible bankruptcy, generic food brands, inflation numbers
Spirit Airlines could file for bankruptcy, more people may use generic brand food for Thanksgiving, and inflation numbers. Here's the Morning Business Report for Nov. 13.
Spirit Airlines to file for bankruptcy after merger talks break down
Spirit Airlines is preparing to file for bankruptcy protection, according to a report by the Wall Street Journal. The move comes after merger talks with Frontier Airlines broke down, leading the budget airline to seek other alternatives as it deals with mounting losses and a tumble in the stock market.
Spirit Airlines Stock Plunges After Report About Bankruptcy Preparations
Spirit Airlines stock fell by about 36% in afterhours trading after the Wall Street Journal reported that the Florida-based budget airline is in advanced discussions with bondholders to hammer out a bankruptcy plan.
Spirit Airlines Furloughs Pilots and Prepares for Bankruptcy Filing in Next Few Weeks
Spirit Airlines is filing for bankruptcy after failed merger talks with Frontier, facing financial losses and upcoming debt obligations.
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.
Citigroup Chief Executive Jane Fraser That’s Citigroup Inc.’s Chief Executive Jane Fraser, who is adding her voice to ...
EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
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DIRECTV to walk away from DISH merger talks if bondholders aren't swayed soon
The two satellite companies would form the largest pay-TV company in the United States if they merged, but DIRECTV is losing ...
Entero Therapeutics announces proposed reverse merger with Journey Therapeutics
Entero Therapeutics (ENTO) has entered into a binding term sheet for a reverse merger transaction with Journey Therapeutics. Upon completion of ...
New Orleans City Business17h
Credit unions announce plans for largest merger in Louisiana, Mississippi history
Mississippi-based Keesler Federal Credit Union and Louisiana-based Jefferson Financial Federal Credit Union Boards of ...
DirecTV said it plans to abandon its Dish merger
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt ...
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Merger Trading Will Get Easier
I guess there are two ways of thinking about merger arbitrage as a hedge fund strategy. One is: “Merger arbitrage is a ...
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Pulmatrix Shares Surge on Merger with Cullgen
Shares of Pulmatrix surged after the company agreed to be absorbed by Cullgen in a merger. The stock was up 30% at $2.67 in early trading. Shares have now gained 44% since the start of the year. The ...
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DirecTV Will Not Move Forward With Dish Merger
Now, the chances of a mega-merger between the nation’s two direct broadcast satellite providers are sagging, as a group of ...
New York attorney general joins lawsuit to block UnitedHealth, Amedisys merger
New York State Attorney General Letitia James is joining a lawsuit to stop the merger ofUnitedHealth and Amedisys; two of ...