Talks to bail out Spirit Airlines stall as company teeters toward collapse [Yahoo! Finance]
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Yahoo! Finance
the no-frills carrier have stalled, according to multiple sources familiar with the discussions. Facing two bankruptcies since 2024 and rising fuel prices due to the Iran war, Spirit has sought a lifeline from the federal government. The Trump administration has offered to come to the airline's aid, weighing a deal in which the government would lend Spirit $500 million in exchange for the right to take control of 90% of the company, CBS News has previously reported. But the deal — which would make the government the senior bondholder, meaning it would get paid back before others — won't happen unless Spirit's creditors sign off. Some of Spirit bondholders continue to balk at a government deal, sources said. Ken Griffin's Citadel submitted a counterproposal, but it was rejected by the government. Two other creditors — Ares Management Corp. and Cyrus Capital — are also opposed to the government plan, two U.S. officials told CBS News. A bankruptcy hearing planned for Thursd
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ARES
News
- Talks to bail out Spirit Airlines stall as company teeters toward collapse [CBS News]CBS News
- Ares Management (ARES) had its "outperform" rating reaffirmed by Royal Bank Of Canada.MarketBeat
- Ares Appoints Peter Ogilvie as Chief Operating Officer and Head of StrategyBusiness Wire
- 3 Market-Beating Stocks on Our Watchlist [Yahoo! Finance]Yahoo! Finance
- Ares Management (ARES) had its price target lowered by JPMorgan Chase & Co. from $188.00 to $144.00. They now have an "overweight" rating on the stock.MarketBeat
ARES
Earnings
- 2/5/26 - Miss
ARES
Sec Filings
- 2/25/26 - Form S-3ASR
- 2/25/26 - Form 10-K
- 2/24/26 - Form 4
- ARES's page on the SEC website