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Associated Press News

Associated Press News

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Business & Economics

Spirit Airlines rejects takeover bid from rival Frontier, again

Associated Press News
Summary
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Spirit Airlines has rejected a third takeover bid from budget rival Frontier .

The budget airline filed for bankruptcy protection in November .

Frontier 's first attempt to merge with Spirit was in 2022 , but it was outbid by JetBlue .

The Justice Department sued to block JetBlue 's $3.8 billion proposal, saying it would drive up prices.

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