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In this video from Global Value, a fundamental stock analysis of Spirit Airlines Inc. (ticker: SAVE) is conducted. The discussion centers around JetBlue's recent $3.7 billion proposal to acquire Spirit Airlines, with a shareholder vote scheduled for October 19th and the deal requiring approval from U.S. antitrust regulators. Potential complications could arise from JetBlue's existing Northeast Corridor Alliance with American Airlines. The acquisition offer is valued at approximately $33.50 per share, while Spirit Airlines is currently trading at $18.82 per share, indicating significant upside potential.