In a foreseeable move in the latest update to the Spirit Airlines merger saga, the much-anticipated shareholder vote on the combination of Spirit and Frontier Airlines, due today, has been adjourned by Spirit “to allow the board to continue discussions with Frontier and JetBlue Airways and to continue to solicit proxies from its stockholders”. The latest modified offer from JetBlue was only made on June 27, and although Spirit had already rejected the offer and reiterated the Frontier combination as the “superior proposal”, rumblings from some major investors seem to have brought the parties back to negotiating table. Robin Hayes,

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