Frontier Airlines Parent Pushes Back $145M Sale Deadline

Law360, New York (November 5, 2013, 3:13 PM EST) -- Republic Airways Holdings Inc. has extended the deadline for a $145 million sale of its Frontier Airlines unit to private equity firm Indigo Partners LLC by two days because the buyer hasn't squared away all the facets of the transaction yet, Republic said Tuesday.

“Indigo Partners informed us they have made good progress but have not been able to resolve all the conditions to close the transaction,” Republic President and CEO Bryan Bedford said in a statement. “They requested and we agreed to extend the deadline...
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