Tag: Merger Agreement

Merger Agreement

Korean Air receives approval from China on Asiana acquisition

The Ministry of Commerce of the People’s Republic of China (MOFCOM) announced its approval of Korean Air’s business combination with Asiana Airlines on December 26. MOFCOM has demanded that the merged Korean Air-Asiana entity reduce its market share due to competition concerns, to which Korea...

Spirit and Frontier Airlines throw out merger agreement
Merger Agreement

Spirit and Frontier Airlines throw out merger agreement

By Emma Roth, theverge Spirit and Frontier Airlines have tossed out their proposed merger agreement, leaving room for Spirit’s other suitor, JetBlue, to swoop in and score a deal, as first reported by CNBC. Shareholders were expected to reject the deal during a vote today, possibly because of ...

Merger Agreement

ISS Recommends that Spirit Airlines Stockholders Vote FOR the Amended Merger Agreement with Frontier

Spirit Airlines, Inc. announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") recommends Spirit stockholders vote FOR the merger agreement with Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. This recommendation follows a June 3Â...

.