SPIRIT

Spirit Airlines Announces Intention to Adjourn Special Meeting of Stockholders

Retrieved on: 
Wednesday, July 13, 2022

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that, in response to the request set forth in the letter to the Company from Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC) dated July 10, 2022, Spirit intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier until July 27, 2022 at 11:00am ET, at which time the Special Meeting will reconvene.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that, in response to the request set forth in the letter to the Company from Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC) dated July 10, 2022, Spirit intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier until July 27, 2022 at 11:00am ET, at which time the Special Meeting will reconvene.
  • All stockholders of record as of the close of business on May 6, 2022 are entitled to vote at the Special Meeting.
  • Spirit stockholders who have not already voted, or wish to change their vote, are strongly encouraged to submit their proxies as soon as possible.
  • Valid proxies submitted by stockholders prior to the adjourned Special Meeting will continue to be valid for purposes of the reconvened Special Meeting.

Accellera Systems Initiative Honors Lynn Garibaldi with 2022 Leadership Award

Retrieved on: 
Tuesday, July 12, 2022

ELK GROVE, Calif., July 12, 2022 (GLOBE NEWSWIRE) -- Accellera Systems Initiative (Accellera), the electronics industry organization focused on the creation and adoption of electronic design automation (EDA) and intellectual property (IP) standards, announces that Lynn Garibaldi is the recipient of the 2022 Accellera Leadership Award.

Key Points: 
  • ELK GROVE, Calif., July 12, 2022 (GLOBE NEWSWIRE) -- Accellera Systems Initiative (Accellera), the electronics industry organization focused on the creation and adoption of electronic design automation (EDA) and intellectual property (IP) standards, announces that Lynn Garibaldi is the recipient of the 2022 Accellera Leadership Award.
  • Lynn has been an integral part of the Accellera leadership team for 30 years, stated Lu Dai, Accellera Chair.
  • I am honored and humbled to receive this distinguished award from Accellera, stated Lynn Garibaldi, Executive Director for Accellera.
  • Accellera and Accellera Systems Initiative are trademarks of Accellera Systems Initiative Inc. All other trademarks and trade names are the property of their respective owners.

JetBlue Comments on Spirit’s Adjournment of Special Meeting

Retrieved on: 
Friday, July 8, 2022

We strongly recommend that Spirit shareholders continue to let the Spirit Board know they want to receive the superior value JetBlue has proposed, by voting AGAINST the Frontier transaction.

Key Points: 
  • We strongly recommend that Spirit shareholders continue to let the Spirit Board know they want to receive the superior value JetBlue has proposed, by voting AGAINST the Frontier transaction.
  • Goldman Sachs & Co. LLC is serving as JetBlues financial advisor and Shearman & Sterling LLP is serving as JetBlues legal advisor.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom.

Spirit Airlines Announces Intention to Adjourn Special Meeting of Stockholders

Retrieved on: 
Friday, July 8, 2022

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.
  • All stockholders of record as of the close of business on May 6, 2022 are entitled to vote at the Special Meeting.
  • Valid proxies submitted by stockholders prior to the adjourned Special Meeting will continue to be valid for purposes of the reconvened Special Meeting.
  • Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky.

JetBlue Extends Tender Offer for Spirit Airlines, Inc. to July 29, 2022

Retrieved on: 
Thursday, June 30, 2022

The tender offer was previously set to expire at 5:00 p.m., New York City time, on June 30, 2022.

Key Points: 
  • The tender offer was previously set to expire at 5:00 p.m., New York City time, on June 30, 2022.
  • Spirit stockholders who need additional copies of the tender offer statement and related materials or who have questions regarding the offer should contact Innisfree M&A Incorporated, the information agent for the tender offer, toll-free at (877) 800-5190.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • These documents contain important information, including the terms and conditions of the tender offer, and stockholders of Spirit are advised to carefully read these documents before making any decision with respect to the tender offer.

Fabrique 1840 Award 2022 Winners Announced

Retrieved on: 
Thursday, June 30, 2022

The award aims to shine a light on the next generation of artisans and the wealth of talent across the country.

Key Points: 
  • The award aims to shine a light on the next generation of artisans and the wealth of talent across the country.
  • has exhibited a greater range of creative exploration among the goods that they are producing thus far.
  • This online platform is a place to celebrate and support creativity, culture, community, and leadershipfundamental values written in Simons DNA.
  • Visit www.fabrique1840.com or follow Fabrique1840 on Instagram: @fabrique1840 or Facebook: facebook.com/fabrique1840

JetBlue Comments on Spirit’s Adjournment of Special Meeting

Retrieved on: 
Thursday, June 30, 2022

Its clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue.

Key Points: 
  • Its clear that Spirit shareholders have now handed the Spirit Board an undeniable mandate to reach an agreement with JetBlue.
  • Goldman Sachs & Co. LLC is serving as JetBlues financial advisor and Shearman & Sterling LLP is serving as JetBlues legal advisor.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers to more than 100 cities throughout the United States, Latin America, Caribbean, Canada, and United Kingdom.

Spirit Airlines Announces Intention to Adjourn Special Meeting of Stockholders

Retrieved on: 
Wednesday, June 29, 2022

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to open and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to open and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.
  • All stockholders of record as of the close of business on May 6, 2022 are entitled to vote at the Special Meeting.
  • Valid proxies submitted by stockholders prior to the adjourned Special Meeting will continue to be valid for purposes of the reconvened Special Meeting.
  • Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky.

In Message to Crewmembers, JetBlue Highlights Benefits to Travelers from a Combined JetBlue-Spirit

Retrieved on: 
Wednesday, June 29, 2022

If Spirit shareholders vote down the Frontier proposal, the Spirit board will need to reconsider the very clear benefits of our offer.

Key Points: 
  • If Spirit shareholders vote down the Frontier proposal, the Spirit board will need to reconsider the very clear benefits of our offer.
  • Customers would win with a bigger JetBlue the unique combination of our beloved brand, award-winning service, and everyday low fares force the high-fare legacies to compete.
  • A Frontier-Spirit tie-up is a missed opportunity for increased competition and denies Customers an attractive alternative to bare-bones travel.
  • This growth would be great for JetBlue Crewmembers too as a bigger JetBlue offers more career opportunities.

Spirit Airlines Highlights Must-See CNBC Interview of President and CEO Ted Christie with Jim Cramer Regarding Frontier Merger

Retrieved on: 
Wednesday, June 29, 2022

Now look, I am not a lawyer I have counsel but didnt speak to them about this but I just know enough.

Key Points: 
  • Now look, I am not a lawyer I have counsel but didnt speak to them about this but I just know enough.
  • In addition, today Spirit released a new video of Mr. Christie urging Spirit stockholders to vote FOR the merger agreement with Frontier on the WHITE proxy card.
  • Frontier and Spirit also plan to file other relevant documents with the SEC regarding the proposed transaction.
  • All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication.