🦒 Axios Pro Rata: Toy story
Plus, M&A activity plummets in the first half | Thursday, June 30, 2022 Open in app View in browser Presented By PwC Axios Pro Rata By Dan Primack · Jun 30, 2022 ✈️ Situational awareness: Spirit Airlines again delayed the shareholder vote on its takeover offer from Frontier Airlines, which had been set for today, to July 8. Meanwhile, proxy advisory firm ISS maintained its support for Frontier's offer, despite calling JetBlue's rival bid "more favorable." Top of the Morning Illustration: Gabriella Turrisi/Axios Toys R Us is long gone, but its former private equity owners still can't shake it. Driving the news: A U.S. bankruptcy court judge has ruled that a creditor lawsuit can proceed against a group of the bankrupt retailer's former top executives and directors, i...