Frontier Airlines' attempt to buy fellow budget air carrier Spirit Airlines out of bankruptcy has hit turbulence.

Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.

Spirit Airlines said on Wednesday it has rejected a bid from rival Frontier Group as it was not favorable for the low-cost ...

Frontier Airlines is proposing a deal to acquire competitor Spirit Airlines out of bankruptcy in a cash and stock offer ...

(Reuters) - Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with ...

The retailer used Chapter 11 to shed nearly $88 million in debt and will go forward as a privately held company owned by its ...

Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

The Container Store is back from bankruptcy. The struggling home goods emerged from Chapter 11 bankruptcy on Tuesday, Yahoo ...

Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing ...

Frontier is making an offer to acquire the beleaguered Spirit Airlines, which filed for bankruptcy in November.

The administrator for JCPenney’s 2020 bankruptcy has sued the company’s former law firm, Jackson Walker LLP, for failing to ...