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Benzinga
Benzinga
Business
AJ Fabino

What Airline Stocks Did After The Last 4 M&A Deals In The Industry

Frontier Airlines United States Frontier NYSE SAVE Spirit Spirit Airlines

Spirit Airlines (NYSE:SAVE) and Frontier Airlines (NASDAQ:ULCC) announced a $2.9-billion merger Monday that aims to create one of the most competitive low-cost airfares in the U.S. 

The deal will create the nation’s fifth-largest airline, with Frontier Airlines controlling 51.5% of the new company.

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