SPIRIT

L.B. Foster Awarded ISN RAVS Plus® Demonstrating our Culture of Health & Safety

Retrieved on: 
Thursday, June 2, 2022
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Foster Company(NASDAQ: FSTR), a leader in rail technologies and services, has been awarded the RAVS Plus recognition by ISNetworld (ISN), one of the largest global safety compliance groups.

Key Points: 
  • Foster Company(NASDAQ: FSTR), a leader in rail technologies and services, has been awarded the RAVS Plus recognition by ISNetworld (ISN), one of the largest global safety compliance groups.
  • Participation in the RAVS Plus program is by invitation only and recognizes a company for outstanding commitment to safety.
  • Requested on behalf of Class I rail and several industrial customers, earning RAVS Plus illustrates that L.B.
  • Foster is proud to have been awarded ISNetworlds RAVS Plus designation for safety practices, and assuring our customers that we are delivering safe on-site services, said Greg Lippard, Sr. VP - Rail.

In Message to Spirit Team Members, JetBlue Commits to More Jobs, Better Pay, No Furlough Policy, and Career Development

Retrieved on: 
Monday, June 6, 2022
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JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.

Key Points: 
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers across the United States, Caribbean and Latin America and London.
  • These statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995.
  • JetBlue and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the holders of Spirit common stock.

Spirit Airlines Board of Directors to Review Updated Proposal from JetBlue

Retrieved on: 
Monday, June 6, 2022
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Spirit Airlines, Inc. (Spirit or the Company) (NYSE: SAVE), today confirmed receipt of an updated proposal from JetBlue Airways ("JetBlue") (Nasdaq: JBLU) to acquire all of the outstanding shares of Spirit's common stock.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE: SAVE), today confirmed receipt of an updated proposal from JetBlue Airways ("JetBlue") (Nasdaq: JBLU) to acquire all of the outstanding shares of Spirit's common stock.
  • Consistent with its fiduciary duties, the Spirit Board of Directors will work with its financial and legal advisors to evaluate JetBlue's proposal and pursue the course of action it determines to be in the best interests of Spirit and its stockholders.
  • The Board will conduct this evaluation in accordance with the terms of the Company's merger agreement with Frontier and respond in due course.
  • Spirit has filed a solicitation/recommendation statement with respect to the tender offer with the Securities and Exchange Commission ("SEC").

JetBlue Submits Improved Superior Proposal to Acquire Spirit

Retrieved on: 
Monday, June 6, 2022
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JetBlue (NASDAQ: JBLU) today announced that it has submitted an improved proposal to the Board of Directors of Spirit (NYSE: SAVE) to acquire all of the outstanding common stock of Spirit.

Key Points: 
  • JetBlue (NASDAQ: JBLU) today announced that it has submitted an improved proposal to the Board of Directors of Spirit (NYSE: SAVE) to acquire all of the outstanding common stock of Spirit.
  • JetBlue has sent a letter to the Board of Directors of Spirit containing its improved proposal.
  • On behalf of JetBlue Airways Corporation (JetBlue), we are submitting a further update to our previous proposals, dated March 29, 2022, and April 29, 2022, to acquire all of the outstanding common stock of Spirit Airlines, Inc. (Spirit and this letter, our Improved Proposal).
  • After listening to your stockholders and reaffirming with our Board the significant benefits to all stakeholders of combining JetBlue and Spirit, we are pleased to submit this Improved Proposal, which we believe Spirit stockholders will welcome.

Spirit Airlines Announces Glass Lewis Recommendation that Stockholders Vote FOR the Proposed Merger with Frontier

Retrieved on: 
Friday, June 3, 2022
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Spirit Airlines, Inc. (Spirit or the Company) (NYSE: SAVE) today announced that leading independent proxy advisory firm Glass, Lewis & Co. (Glass Lewis) has recommended that Spirit stockholders vote FOR the proposed merger with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE: SAVE) today announced that leading independent proxy advisory firm Glass, Lewis & Co. (Glass Lewis) has recommended that Spirit stockholders vote FOR the proposed merger with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.
    We are pleased that Glass Lewis supports our Boards unanimous recommendation to vote FOR the merger with Frontier, said Ted Christie, President and CEO of Spirit.
  • I want to remind all Spirit stockholders that not voting will have the same effect as a vote against the merger.
  • As previously announced, Spirit Airlines, Inc. entered into a merger agreement with Frontier Group Holdings, Inc. on February 5, 2022.
  • The Spirit Board of Directors unanimously recommends that stockholders vote FOR all proposals relating to the transaction with Frontier.

JetBlue Comments on Frontier-Spirit Announcement

Retrieved on: 
Friday, June 3, 2022
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Todays announcement demonstrates why, in their shareholders best interest, they should negotiate with us in good faith which, yet again, they have failed to do.

Key Points: 
  • Todays announcement demonstrates why, in their shareholders best interest, they should negotiate with us in good faith which, yet again, they have failed to do.
  • JetBlue will review and assess the revised terms of the amended merger agreement once it has been made available.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the holders of Spirit common stock.

Leading Independent Proxy Advisory Firm ISS Recommends Spirit Shareholders ‘Vote No’ on Frontier Transaction

Retrieved on: 
Tuesday, May 31, 2022
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JetBlue (NASDAQ: JBLU) today announced that Institutional Shareholder Services (ISS), the leading independent proxy advisory firm, has issued a report recommending that Spirit (NYSE: SAVE) shareholders vote AGAINST the inferior, high-risk, and low-value Frontier transaction at Spirits upcoming special meeting.

Key Points: 
  • JetBlue (NASDAQ: JBLU) today announced that Institutional Shareholder Services (ISS), the leading independent proxy advisory firm, has issued a report recommending that Spirit (NYSE: SAVE) shareholders vote AGAINST the inferior, high-risk, and low-value Frontier transaction at Spirits upcoming special meeting.
  • Spirit shareholders can send that strong message to their Board by voting against the Frontier transaction and against adjournment.
  • Spirit shareholders are encouraged to read more about JetBlues proposal, and the Spirit Boards attempt to defend the inferior Frontier transaction, at JetBlueOffersMore.com.
  • JetBlue urges Spirit shareholders to vote AGAINST the Frontier transaction on the BLUE proxy card, vote AGAINST adjournment of the special meeting, and tender their shares into JetBlues cash tender offer.

DGAP-News: Biohacks (Schweiz) AG: Biohacks expands: Distribution network in Germany extended to approximately 4,000 locations, successful market entry in Austria and expansion into Switzerland planned

Retrieved on: 
Tuesday, May 24, 2022
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Biohacks (Schweiz) AG: Biohacks expands: Distribution network in Germany extended to approximately 4,000 locations, successful market entry in Austria and expansion into Switzerland planned

Key Points: 
  • Biohacks (Schweiz) AG: Biohacks expands: Distribution network in Germany extended to approximately 4,000 locations, successful market entry in Austria and expansion into Switzerland planned
    The issuer is solely responsible for the content of this announcement.
  • Biohacks expands: Distribution network in Germany extended to approximately 4,000 locations, successful market entry in Austria and expansion into Switzerland planned
    Dusseldorf, 24 May 2022 Biohacks (Switzerland) AG, a supplier in the fast-growing functional foods sector, is systematically continuing its expansion course by expanding its distribution network in Germany and, most recently, also in Austria.
  • In Austria, the products are now also being distributed through around 600 branches of the local market leaders SPAR International and Billa.
  • The gradually accomplished comprehensive market launch of high-quality vegan products with organic quality is accelerating Biohacks growth path, which began in 2020.

Frontier Airlines and Spirit Airlines Moving Forward to Create America’s Most Competitive Ultra-Low Fare Airline

Retrieved on: 
Thursday, May 19, 2022
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DENVER, May 19, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (“Frontier”) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., today commented on Spirit Airlines’ (“Spirit”) (NYSE: SAVE) announcement that it is urging shareholders to reject JetBlue Airways’ (“JetBlue”) unsolicited tender offer to acquire all outstanding shares of Spirit's common stock.

Key Points: 
  • We are working with Spirit to complete our merger and create a true nationwide ultra-low fare airline to compete against the dominant Big Four airlines and other high-cost airlines, including JetBlue.
  • We remain focused on moving forward with Spirit to drive competition and deliver enhanced value to all of our stakeholders.
  • Once combined, Frontier and Spirit expect to deliver annual run-rate operating synergies of $500 million after full integration is completed.
  • All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication.

JetBlue Responds to Spirit Airlines Board Recommendation

Retrieved on: 
Thursday, May 19, 2022
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JetBlue (NASDAQ: JBLU) today issued the following statement in response to the Spirit Airlines Board recommendation:

Key Points: 
  • JetBlue (NASDAQ: JBLU) today issued the following statement in response to the Spirit Airlines Board recommendation:
    Its no surprise that Spirit shareholders are getting more of the same from the Spirit Board.
  • We are confident that as we continue to share the facts directly with Spirit shareholders, they will be even more perplexed than they already are about why the conflicted Spirit Board has refused to negotiate with us in good faith.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • This press release relates to a proposal which JetBlue has made for a business combination transaction with Spirit.