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VOL. 128 | NO. 217 | Wednesday, November 06, 2013

Republic Extends Time to Close Frontier Sale

AP

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INDIANAPOLIS (AP) – The parent company of Frontier Airlines says a deadline to sell the airline will be extended by two more days.

Republic Airways, Frontier's owner, has agreed to sell it to Indigo Partners, an investment firm based in Phoenix. But before the sale can close, Indigo says it needs agreements with the union for Frontier flight attendants, and with credit card issuer Barclays.

Republic said Tuesday that Indigo has informed it that "good progress" is being made in the talks but no deal has been reached yet. Monday was the original deadline for Indigo to terminate the deal.

Indigo has said it wants to turn Denver-based Frontier into an ultra-discount airline.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 57 307 5,073
MORTGAGES 101 483 6,709
FORECLOSURE NOTICES 22 77 1,556
BUILDING PERMITS 0 720 11,979
BANKRUPTCIES 84 341 5,300
BUSINESS LICENSES 36 125 2,061
UTILITY CONNECTIONS 152 594 7,058
MARRIAGE LICENSES 36 117 1,458

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