Spirit Rejects Frontier Merger Bid. Trump Is Shaking Up the Airline Industry. - Barron's
1. Spirit Airlines rejected Frontier's second merger bid, citing low shareholder value. 2. The bid included $400 million in debt and a 19% stake in Frontier. 3. Spirit's shares fell 9.2% after the rejection; Frontier's stock rose 2.1%. 4. Trump's election may ease regulations, impacting future mergers in the industry. 5. Airline stocks, including Spirit, have shown positive movement post-election.