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Spirit Airlines has ended its merger discussions with Frontier after Frontier declined to raise its $2.7 billion bid. The decision follows a contentious battle in the airline industry, with Spirit's shareholder vote postponed four times prior to this outcome. Although JetBlue's offer appears significantly better than Frontier's, the implications of this potential merger could negatively impact consumers, contrary to earlier assumptions that a merger with Frontier would benefit them. Both Frontier and JetBlue have seen little change in stock performance after hours as the situation continues to evolve.