Davis Polk Advises Spirit Airlines on the Adoption of a Limited Duration Shareholder Rights Agreement
March 31, 2020
March 31, 2020
NEW YORK, March 31 -- Davis Polk and Wardwell, a law firm, issued the following news:
Davis Polk advised Spirit Airlines, Inc. in connection with the adoption by its Board of Directors of a limited duration shareholder rights agreement. Under the rights agreement, the rights would become exercisable only if a person or group (including a group of persons who are acting in concert with each other) acquires beneficial ownership of 10% or more of Spirit common stock in a transaction no . . .
Davis Polk advised Spirit Airlines, Inc. in connection with the adoption by its Board of Directors of a limited duration shareholder rights agreement. Under the rights agreement, the rights would become exercisable only if a person or group (including a group of persons who are acting in concert with each other) acquires beneficial ownership of 10% or more of Spirit common stock in a transaction no . . .