ISS

ISS urges Spirit to cast avote against Frontier , calls JetBlue bid superior

ISS reverses stance on Spirit Airlines’ planned tie-up with Frontier Airlines. Proxy advisory firm urges Spirit shareholders to vote against the deal. ISS calls JetBlue’s all-cash bid a “superior alternative” for Spirit shareholders. The vote on the Frontier-Spirit deal has been delayed four times. ISS warns firm Institutional Shareholder Services on Friday switched its position on Spirit Airlines’ arranged restrict

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