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U.S. Gov't Could End Up Owning 90% Of Spirit In Rescue Deal
U.S. Gov't Could End Up Owning 90% Of Spirit In Rescue Deal
Summary:
WSJ says the Trump administration's possible $500 million rescue deal could leave the U.S. government with 90% control.
WSJ says Commerce Secretary Howard Lutnick is leading the effort in U.S.-Spirit talks.
BBG reported earlier on a potential $500 million rescue loan for Spirit.
News of a possible rescue loan for Spirit emerged last week.
Polymarket:
US takes a stake in Spirit Airlines by May 31?
Yes 36% · No 64%View full market & trade on Polymarket
Spirit Airlines shutdown/liquidation by May 31?
Yes...
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