Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept one of those buyout offers after a flurry of counter-proposals from Frontier Airlines and JetBlue.
The decision to postpone a vote comes two days after JetBlue improved its offer. Spirit said Wednesday that has rescheduled the vote for June 30, giving its board another three weeks to speak with Frontier, JetBlue, as well as its own shareholders.
