The New York Times – Travel:
The airline has not said how much it might have to spend to reimburse customers and upgrade its technology systems.
Category: Stocks and Bonds
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The Packers’ Shareholders Meeting Is a Window Into NFL Finances.
The New York Times – Sports:
The Green Bay Packers are the only N.F.L. team whose fans can buy an ownership stake. Their annual shareholders meeting is part pep rally, part window into the league’s finances.
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Spirit Airlines Shareholders Reject Merger With Frontier
The New York Times – Travel:
The decision could improve prospects for Spirit to reach a deal with JetBlue, a suitor it had previously rejected.
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ISS Urges Spirit Shareholders to Vote Against Frontier Merger
The New York Times – Travel:
Institutional Shareholder Services, which advises large investors, said shareholders should opt for a higher offer for Spirit by JetBlue.
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JetBlue Makes a Hostile Takeover Bid for Spirit Airlines
The New York Times – Travel:
The carrier made a tender offer valued at $3.2 billion and said it was willing to pay more if Spirit cooperated with an acquisition.
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Spirit Airlines Rejects JetBlue’s Offer
The New York Times – Travel:
The airline said regulators would be skeptical of letting the companies merge as long as JetBlue is in a partnership with American Airlines.
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American Airlines Reports First-Quarter Loss, but Expects Booming Travel Ahead
The New York Times – Travel:
The carrier joined United and Delta in saying a first-quarter loss would be followed by a return to profitability as demand soars.