Eagle757shark
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Southwest makes bid to buy Frontier Airlines
Southwest makes bid to buy Frontier Airlines; Bankruptcy court had approved sale to Republic
A court had already approved the sale of Denver-based Frontier to the parent of regional carrier Republic Airways for $108.8 million, but that deal can be nixed if a better offer comes along.
Frontier did not specify in a statement Thursday how much Dallas-based Southwest is offering in its initial nonbinding proposal.
The deadline for bidders to make an initial offer is Monday. An auction, if necessary, will be held Aug.
Southwest makes bid to buy Frontier Airlines; Bankruptcy court had approved sale to Republic
- On Thursday July 30, 2009, 1:19 pm EDT
A court had already approved the sale of Denver-based Frontier to the parent of regional carrier Republic Airways for $108.8 million, but that deal can be nixed if a better offer comes along.
Frontier did not specify in a statement Thursday how much Dallas-based Southwest is offering in its initial nonbinding proposal.
The deadline for bidders to make an initial offer is Monday. An auction, if necessary, will be held Aug.