30-Jul-2013 8:00 AM
Spirit Airlines Announces Sale of Common Stock by Indigo
Direct News Source
29-Jul-2013 Spirit Airlines, Inc. (Nasdaq:SAVE) announced today the public offering of 12,070,920 shares of common stock by certain existing stockholders affiliated with Indigo Partners LLC ("Indigo"). Upon completion of the offering, investment funds affiliated with Indigo will no longer own shares of common stock of Spirit Airlines. The company will not receive any proceeds from this offering. Barclays is acting as the sole underwriter for the offering.
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