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Spirit Airlines Again Delays Shareholder Vote on Merger, Backs Frontier Deal

Spirit on Wednesday said it would delay the vote until July 27 and reiterated its preference for being bought by fellow discount airline Frontier instead of JetBlue Airways Corp. , a deal which Spirit has said faces significant regulatory risks. The vote, most recently scheduled for July 15, has now been pushed back four times. Spirit said it would continue discussions with both Frontier and JetBlue, which has been bidding against Frontier to buy Spirit.…

Spirit Airlines delays Frontier deal vote again amid JetBlue bidding war

Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesSpirit Airlines has delayed a vote on its planned tie-up with Frontier Airlines for a fourth time as concerns mount about a lack of shareholder support.Spirit said Wednesday it now plans to hold the vote, most recently scheduled for Friday, on July 27 so it can continue deal talks with Frontier and with JetBlue Airways, whose competing bid for…

SaGa Frontier 2 for PS4 and Switch pops up on Japanese retail site – Destructoid

PlayStation classic set for comeback? Popular import outlet Play-Asia has updated its store with a listing for what appears to be a PS4 and Nintendo Switch port of classic PlayStation RPG SaGa Frontier 2. The site claims that the 90s sequel will launch on the aforementioned platforms on August 25 of this year. “SaGa Frontier 2 introduces a complete renovation of the RPG genre,” reads the blurb on the store listing. “Traditional computer polygonal fixtures are replaced with lush, hand-drawn watercolor graphics…

Frontier Airlines says it lacks the votes for Spirit merger

Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, says it is done with a bidding war and is asking for another delay in a shareholder vote on the deal. Frontier CEO Barry Biffle said in a letter made public Monday that his airline is “very far” from winning approval by Spirit shareholders, who are weighing a higher-priced buyout offer from JetBlue Airways. A shareholder vote at Spirit, already postponed three times, is scheduled for Friday. Spirit’s board has stood behind a February deal it…

Frontier says Spirit offer is ‘best and final,’ asks to delay vote again

A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022.Luke Sharrett | Bloomberg | Getty ImagesFrontier Airlines has asked Spirit Airlines to further delay a shareholder vote on their planned merger to drum up more support from investors amid a bidding war with rival suitor JetBlue Airways.In a letter sent to Spirit's CEO dated Sunday, Frontier CEO Barry Biffle called the airline's recently sweetened cash-and-stock offer to…

Spirit Airlines delays vote again on Frontier merger amid JetBlue rival bid

Spirit Airlines said Thursday it was again postponing a shareholder vote on a proposed merger with Frontier Airlines to continue talks with Frontier and rival bidder JetBlue Airways. The vote was delayed from Friday until at least July 15. It was the third time that Spirit called off a vote on the Frontier deal that is favored by the Spirit board. The delay appeared to indicate that the merger of the two discount airlines lacks shareholder support in the face of a JetBlue bid that is higher in current value. JetBlue CEO…

Spirit again delays vote on Frontier deal to continue deal talks with budget airline and JetBlue

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesSpirit Airlines is again delaying a shareholder vote set for Friday on its deal to merge with Frontier Airlines, a win for competing suitor JetBlue Airways, which wants to buy Spirit outright.It is the third time Spirit has postponed the vote, which was originally scheduled for June 10. It was later pushed to June 28, but Spirit had delayed it…

Multi-Modal AI Is the New Frontier in Processing Big Data

Multi-modal AI often outperforms single-modal artificial intelligence in many real-world problems. Multi-modal AI is a new AI paradigm, in which various data types like image, text, speech and numerical data are combined with multiple intelligence processing algorithms to achieve higher performances. Multi-modal AI often outperforms single-modal AI in many real-world problems. Multimodal AI engages a variety of data modalities, leading to a better understanding and analysis of the information. The Multimodal AI…