Proxy Advisory Firm Recommends Voting Against Frontier's Spirit Takeover

The Institutional Shareholders Services (ISS), a proxy advisory firm, is urging Spirit Airlines’ shareholders to block the merger with Frontier Airlines. The former is expected to hold a shareholder meeting on June 10th to vote for the proposed merger and other matters related to the deal. However, JetBlue is poised to do everything it can to make sure Spirit’s Board does not ratify the agreement come June 10th.



from Simple Flying - Feed https://ift.tt/GvYxIRE
via IFTTT

Comments