Indigo Partners Announces Plans to Distribute Frontier Group Holdings Common Stock to its Limited Partners [Yahoo! Finance]
Frontier Group Holdings, Inc. (ULCC)
Company Research
Source: Yahoo! Finance
PHOENIX March 29, 2024 /PRNewswire/ -- Indigo Partners LLC ("Indigo") has advised Frontier Group Holdings, Inc. (NASDAQ: ULCC) ("Frontier" or "the Company"), parent company of Frontier Airlines, Inc., that it will distribute the shares of Frontier common stock owned by an affiliated investment fund to its members, including William A. Franke , Chair of the Frontier Board of Directors, and Indigo Partners investors, including George Roberts and an investment fund advised by Wildcat Capital Management, an investment advisor to a number of clients, including David Bonderman . The pro-rata, in-kind distribution is pursuant to the dissolution of the investment fund managed by Indigo established to acquire the Company in late 2013, which had a term of 10 years. Indigo currently holds 178,834,034 shares of common stock of Frontier, representing approximately 80% of the shares outstanding . As part of the distribution, approximately 99.4 million shares, representing approximately 44% of sh
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ULCC
News
- Frontier Group Holdings: Growth Fueled By Surge In Passengers And Strategic Promotions [Seeking Alpha]Seeking Alpha
- Frontier Group Holdings Announces Webcast of First Quarter 2024 Financial ResultsPR Newswire
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) had its price target raised by analysts at Barclays PLC from $7.00 to $9.00. They now have an "overweight" rating on the stock.MarketBeat
- Frontier Group Holdings, Inc. (NASDAQ: ULCC) had its price target raised by analysts at Evercore ISI from $7.00 to $8.50. They now have an "in-line" rating on the stock.MarketBeat
- Indigo Partners Announces Plans to Distribute Frontier Group Holdings Common Stock to its Limited PartnersPR Newswire
ULCC
Earnings
- 2/6/24 - Beat
ULCC
Sec Filings
- 4/16/24 - Form 4
- 4/12/24 - Form DEFA14A
- 4/12/24 - Form SC
- ULCC's page on the SEC website