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Spirit still prefers bid from Frontier Airlines over JetBlue

AP – Spirit Airlines said that it still supports Frontier Airlines’ USD2.9 billion takeover bid for the airline, saying it was more likely to win regulatory approval than JetBlue’s competing USD3.6 billion offer. Spirit said antitrust regulators are unlikely to approve JetBlue’s offer because of JetBlue’s alliance with American Airlines in the Northeast, a deal
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