Spirit delays shareholder vote on merger with Frontier for third time

• The meeting will now be held on July 15

Spirit Airlines Inc (NYSE: SAVE) delayed the shareholder vote on its merger with Frontier Group Holdings Inc (NASDAQ: ULCC) for the third time on Thursday.

Last week, the airline had postponed the meeting until July 8 as it struggles to reach a decision regarding its merger either with Frontier or JetBlue Airways Corp (NASDAQ: JBLU).

The meeting, which was initially scheduled on June 10, has been postponed as both Frontier and JetBlue had sweetened their offer for Spirit.