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Glass Lewis recommends Spirit shareholders approve Frontier acquisition
2022.06.03 15:17
FILE PHOTO: A logo of low cost carrier Spirit Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis Duvignau
BOSTON (Reuters) – Proxy advisory firm Glass Lewis on Friday recommended Spirit Airlines (NYSE:SAVE) investors approve Frontier Group Holdings Inc’s $2.9 billion acquisition bid, saying it was the “best available” at this time.