We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Skip to main content
  • Register
  • Help
  • Contact us

Spirit Airlines Inc (SAVE) USD0.0001

Sell:$24.55 Buy:$24.57 Change: $0.11 (0.45%)
Market closed |  Prices as at close on 12 August 2022 | Switch to live prices |
Tender Offer

Spirit Airlines Inc USD0.0001

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 8 Jul 2022)

Sundown Acquisition Corp, a subsidiary of JetBlue Airways Corporation, recently announced the terms of a tender offer to purchase Spirit Airlines Inc. Under the terms of the offer holders of Spirit Airlines Inc shares have been offered USD30.00 for each share held. The deadline for acceptance has been extended.

 

As previously announced, Spirit Airlines Inc entered into a merger agreement with Frontier Group Holdings Inc, subject to satisfaction of customary closing conditions, including approval by Spirit Airlines Inc shareholders.

 

The Board of Spirit Airlines Inc urges shareholders to reject the above unsolicited tender offer by JetBlue Airways Corporation and continues to recommend that shareholders vote to approve the merger with Frontier Group Holdings Inc.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Please note that if the takeover by JetBlue Airways Corporation is successful the company may gain the ability to delist Spirit Airlines Inc or compulsorily acquire your shares.

 

Option 2 – Accept the offer. You can give an instruction to accept the Tender offer of USD30.00 for each Spirit Airlines Inc share held. Following receipt of your instruction your shares would be submitted in acceptance of the offer.

 

When do I have to decide by?

 

Any instruction must be received in this office by noon on Monday 26 July 2022.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by post or secure message. Please note that any instruction you give must be based on the full details provided in the email and not on the summary information outlined above.

×
Sell:$24.55
Buy:$24.57
Change: $0.11 (0.45%)
Market closed |  Prices as at close on 12 August 2022 | Switch to live prices |
Tender Offer

Spirit Airlines Inc USD0.0001

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 8 Jul 2022)

Sundown Acquisition Corp, a subsidiary of JetBlue Airways Corporation, recently announced the terms of a tender offer to purchase Spirit Airlines Inc. Under the terms of the offer holders of Spirit Airlines Inc shares have been offered USD30.00 for each share held. The deadline for acceptance has been extended.

 

As previously announced, Spirit Airlines Inc entered into a merger agreement with Frontier Group Holdings Inc, subject to satisfaction of customary closing conditions, including approval by Spirit Airlines Inc shareholders.

 

The Board of Spirit Airlines Inc urges shareholders to reject the above unsolicited tender offer by JetBlue Airways Corporation and continues to recommend that shareholders vote to approve the merger with Frontier Group Holdings Inc.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Please note that if the takeover by JetBlue Airways Corporation is successful the company may gain the ability to delist Spirit Airlines Inc or compulsorily acquire your shares.

 

Option 2 – Accept the offer. You can give an instruction to accept the Tender offer of USD30.00 for each Spirit Airlines Inc share held. Following receipt of your instruction your shares would be submitted in acceptance of the offer.

 

When do I have to decide by?

 

Any instruction must be received in this office by noon on Monday 26 July 2022.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by post or secure message. Please note that any instruction you give must be based on the full details provided in the email and not on the summary information outlined above.

×
Sell:$24.55
Buy:$24.57
Change: $0.11 (0.45%)
Market closed |  Prices as at close on 12 August 2022 | Switch to live prices |
Tender Offer

Spirit Airlines Inc USD0.0001

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 8 Jul 2022)

Sundown Acquisition Corp, a subsidiary of JetBlue Airways Corporation, recently announced the terms of a tender offer to purchase Spirit Airlines Inc. Under the terms of the offer holders of Spirit Airlines Inc shares have been offered USD30.00 for each share held. The deadline for acceptance has been extended.

 

As previously announced, Spirit Airlines Inc entered into a merger agreement with Frontier Group Holdings Inc, subject to satisfaction of customary closing conditions, including approval by Spirit Airlines Inc shareholders.

 

The Board of Spirit Airlines Inc urges shareholders to reject the above unsolicited tender offer by JetBlue Airways Corporation and continues to recommend that shareholders vote to approve the merger with Frontier Group Holdings Inc.

 

What are my options?

 

Option 1 – Do nothing. You are not required to take any action at this time. Please note that if the takeover by JetBlue Airways Corporation is successful the company may gain the ability to delist Spirit Airlines Inc or compulsorily acquire your shares.

 

Option 2 – Accept the offer. You can give an instruction to accept the Tender offer of USD30.00 for each Spirit Airlines Inc share held. Following receipt of your instruction your shares would be submitted in acceptance of the offer.

 

When do I have to decide by?

 

Any instruction must be received in this office by noon on Monday 26 July 2022.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by post or secure message. Please note that any instruction you give must be based on the full details provided in the email and not on the summary information outlined above.

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Open:
$24.67
Trade high:
$24.97
Year high:
$28.29
Market capitalisation
Market cap.
:
$2.68 bn
Previous close:
$24.68
Trade low:
$24.51
Year low:
$15.94
Shares in issue
Shares
:
108.85 m
Previous:
$0.09 (0.37%)
Previous:
$0.09
Volume:
n/a
Dividend yield:
n/a
Currency:
USD
Data delayed by at least 15 minutes.
* To buy US shares you must first complete and return a US government ‘W-8BEN’ form.

Ready to invest?

To buy shares in , you'll need to have an account.
Try our handy filter to explore the different options.

Compare accounts

Ready to invest?

To invest in , you'll need to open an account.
Try our handy filter to find which one suits you best.

Compare accounts

Important Documents

There are no documents available for this stock.

Dividend information for this stock is not available.

Dividend information for this stock is not available.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Reuters. Charts provided by Factset. 'Broker forecast' and 'Recent trades' provided by MoneyAM. News and fundamental data provided by Digital Look. Exchange disclaimer

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.